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Why U&O Inspections are Pointless

Lisa Loper of the Scott Loper Team discusses the inconsistencies of point of sale inspections throughout our area.

A point of sale inspection is one that is done when a property is sold.  For the resale of residential property, these are called Use and Occupancy (U&O) inspections and are required by some (but not all) municipalities. Often times, the municipality is looking to see if the there are working smoke detectors, handrails, and GFCI protected outlets.  Other municipalities may be checking the condition of the sidewalks or to ensure storm water is not making it into the public sewer system.  There are some municipalities that treat the U&O inspection almost like a home inspection looking to flag anything they would like to see corrected. The problem with these inspections is that in any given area, only a small number of homes (1-2%) sell per …

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Realtors Heading to Washington, D.C. Rally

The Rally to Protect the American Dream has real estate agents telling Congress that home ownership matters

The National Association of Realtors has a planned event today in Washington, D.C. known as the “Rally to Protect the American Dream.” Most people don’t know about the extra efforts many realtors put forth for their industry, livelihood, and most importantly, clients.  Realtors across the country are gathering on Capital Hill to tell members of Congress that home ownership matters to people, to communities and to America. The goal of the rally is to make Congress aware that Realtors are focused on homeownership, housing and real estate issues amidst the election year rhetoric.  The aim is to fight obstacles that make it more difficult for people to buy, own, and invest in real estate.  The obstacles that many in the real estate industry …

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linda spreeman

6:27 pm on Wednesday, June 6, 2012

Maybe home ownership could be a little more financially friendly to the potential buyer by lowering or eliminating some of the outrageously high closing costs which are inclusive of many fees, transfer taxes, and other charges. The practice of mortgage companies requiring a year's worth of taxes/insurance is another practice that seems ridiculous. There is no need to require that much in escrow …   more ›

The Susan G. Komen Race for the Cure

Lisa Loper of the Scott Loper Team will be volunteering at the Susan G. Komen Race for the Cure this weekend.

It used to be that I would make Mother's Day all about ME.  Scott and our kids tend to spoil me on that special day and without any reservation, I would soak it all in.  However, two years ago I tried something a little different on Mother’s Day.  My daughter and I got up at 4:30am and headed to Philadelphia to volunteer at the Susan G. Komen Race for the Cure.  We served food to the nearly 50,000 runners and walkers at the Wawa tent (thanks to a very good friend who is a director with Wawa). I was so impressed and amazed at the number of men, women, and children who make Mother's Day about someone else.  Every year, over 100,000 people attend this annual event in Philadelphia.  So many participates wore shirts or carried signs saying who …

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