-- With a new U.S. Department of Housing and Urban Development mandate now in effect, SACINSPECT INC launched a public awareness campaign aimed at highlighting the value of home inspections. New HUD rules that went into effect on Sept. 14 require that banks advise borrowers to have home inspections conducted before any purchase is finalized, with a new handout titled "For Your Protection, Get a Home Inspection" also being offered. Through a range of social network efforts and media availability opportunities, leading home inspection service SACINSPECT will help home buyers in the Sacramento area and beyond understand how important it is to follow this well-grounded advice.
"We're glad to see HUD moving forward with this new rule on home inspection advice," SACINSPECT co-founder Erich Scharf said, "Even with improved awareness as to the importance of this service, too many home buyers still fail to live up to this responsibility, and the costs can be truly overwhelming. Starting today, we will be helping to spread the word further, hoping through our upcoming efforts to add even more positive impact to the new HUD initiative."
With the Federal Housing Administration guaranteeing or otherwise subsidizing as many as one-quarter of the mortgages issued in the United States every year, the government has a definite stake in ensuring that these loans are doled out wisely and likely to be paid back. The United States Department of Housing and Urban Development helps to protect these interests, crafting rules that lenders must abide by which are intended to keep the quality of FHA-backed mortgages high.
On Sept. 14, for the first time ever, a new HUD-imposed rule began requiring that lenders, upon first contact with individuals inquiring about mortgages, advise each hopeful borrower that a thorough, professional home inspection should be conducted before any sale is completed. The new rule is meant to cut down on the incidence of home sales where new owners suddenly find themselves facing expensive repair bills for preexisting problems, an issue that also impacts the FHA's mortgage guarantee work insofar as these buyers become more likely to default.
As one of the leading home inspection services in the Sacramento area, SACINSPECT is well positioned to support the roll-out of the new HUD rule through its just-launched public awareness campaign. With social media efforts on Facebook and other networks already underway, SACINSPECT will help to spread the positive effects of the rule, making it more likely that people receiving the new HUD-mandated advice will act on it.
Those interested in the subject of home inspections will also find a wealth of helpful information already in place at the SACINSPECT website. An extensive guide to exterior home inspection there, for example, details how hard-to-spot garage or fence problems frequently trip up new home buyers who fail to seek professional help before committing to a purchase. The new SACINSPECT campaign will help to spread awareness of issues like these and others.
About SACINSPECT INC:
Providing expert, diligent home inspection services throughout the Sacramento area, SACINSPECT helps everyone from home buyers and sellers to real estate professionals spot potentially costly problems and become better informed.
Contact Info:
Name: Erich Scharf
Email: Send Email
Organization: SACINSPECT INC
Phone: 916-529-3948
Website: http://SACINSPECT.COM
Release ID: 91516
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