What does TREC stand for in Texas?
the Texas Real Estate Commissionxas Legislature established the Texas Real Estate Commission (TREC) in 1949 to safeguard consumers in matters of real property transactions and valuation services.
What do home inspectors check in Texas?
The inspector usually looks at the foundation, roof, attic, walls, ceilings, windows, doors, and any attached decks or porches. He will also inspect the electrical, heating, air conditioning, and plumbing systems. Keep in mind that the inspector examines only what is visible and accessible.
How much is a home inspection in Texas?
about $350-$600The average cost of a home inspection in Texas is about $350-$600 and varies based on the size of the home.
How much does a professional home inspector make in Texas?
How Much Does a Home Inspector Make in Texas? The average annual salary for a home inspector in the state of Texas can exceed $100,000 per year or $48.07 per hour. Of course, if average is your goal, you won't be self employed for long. You stand to make much more when you become the BEST.
What are the most common problems found in home inspections?
The 10 most-common home inspection problemsProblem #1: Rundown roofing. Asphalt shingle roofs last 15 to 20 years. ... Problem #2: Drainage issues. ... Problem #3: Faulty foundation. ... Problem #4: Plumbing problems. ... Problem #5: Pest infestations. ... Problem #6: Hidden mold. ... Problem #7: Failing heating systems. ... Problem#8: Electrical wiring.More items...
What fixes are mandatory after a home inspection in Texas?
What fixes are mandatory after a home inspection? The short answer is none. From a legal standpoint, there are no mandatory repairs after a home inspection. That doesn't mean, however, that sellers can dismiss the home inspection offhand or refuse to pay for requested repairs and expect the sale to proceed.
What does a home inspector do?
A home inspector is a qualified professional who visually inspects the structure and components of a home and looks for any immediate or potential problems. They provide a written report to you with a description of problem areas and may also include recommendations for further evaluation.
Are termite inspections required in Texas?
Answer: In Texas, any person who reports on wood destroying insects in a home must be licensed by the state as a wood destroying insect inspector.
What is earnest money?
Earnest money, or good faith deposit, is a sum of money you put down to demonstrate your seriousness about buying a home. In most cases, earnest money acts as a deposit on the property you're looking to buy. You deliver the amount when signing the purchase agreement or the sales contract.
What type of inspector makes the most money?
Federal government inspectors earn similarly to private sector inspectors, while state inspectors are paid the least....The industries with the highest pay are:Utilities, $85,800.Transportation and warehouse, $79,400.Manufacturing, $69,300.
How long does it take to become a home inspector in Texas?
In order to be licensed as a professional home inspector one must take the 128 hour classroom course and one of the following A. Have been actively experienced as a real estate inspector for at least 12 months and have completed 200 inspections(175 under indirect supervision and 25 under direct supervision).
Where do home inspectors get paid the most?
Highest paying cities for Home Inspectors in United StatesChantilly, VA. $64,730 per year. 13 salaries reported.Atlanta, GA. $63,417 per year. 19 salaries reported.Houston, TX. $61,608 per year. 23 salaries reported.Nashville, TN. $60,343 per year. 15 salaries reported.Tampa, FL. $59,900 per year. ... Show more nearby cities.
Who attends a home inspection in Texas?
The buyer or the buyer's agent “I always encourage the buyer at the beginning of the inspection to share anything that they have questions about,” Pretty says. Of course, if the buyer isn't able to attend the inspection for one reason or another, their agent can go for them.
What does a home inspector do?
A home inspector is a qualified professional who visually inspects the structure and components of a home and looks for any immediate or potential problems. They provide a written report to you with a description of problem areas and may also include recommendations for further evaluation.
Can you be a home inspector with a felony in Texas?
The good news: Only a few states have laws about certifying felons as home inspectors, and it's only outright illegal in one. In most states, home inspector certifications are reviewed on a case-by-case basis, meaning you can become a home inspector with a felony as long as you fulfill other requirements.
Does Texas require a home inspection?
A home inspection is not a requirement when buying a house in Texas; while an inspection is very important, homebuyers may decide or not decide to have one done. Generally, lenders will instead request a home appraisal to evaluate the worth of the home.
What is the TREC number?
The website for that agency is www.comptroller.texas.gov and their toll free number is 800.252.5555.
Do you have to inspect metering devices?
Pursuant to Section 535.227(b)(3)(A)(vi) of the Standards of Practice, an inspector is not required to inspect or test metering devices.
Do you need a TREC license to inspect commercial property?
A licensed TREC inspector is not required to use the promulgated form or the Standards of Practice when inspecting property other than one to four family residential. A TREC licensed inspector may perform inspections on commercial property, as long as no other laws prohibit the inspector from doing so (please check with the Texas Board of Professional Engineering to determine when a Professional Engineer license is required). All inspections would be subject to §1102.301 et seq. of the License Act (Subchapter G, Prohibited Acts), as well as 22 TAC § 535.220, Professional Conduct and Ethics.
Can you file a complaint against a TREC?
All complaints must be in writing and signed by the person making the complaint. Any person may file a complaint whether or not they are a party to the inspection transaction . The TREC website contains a complaint form that may be downloaded, signed and either faxed, scanned and emailed, or mailed in. You may also submit a signed letter outlining your complaint issues and including copies of relevant documentation (such as repair estimates, receipts, and other inspection reports) or photographs. Please do not send original documents as they will not be returned to you.
Can a real estate inspector inspect a property in Texas?
Under Section 1102.303 of the Texas Occupations Code, an inspector may not act in a transaction in the dual capacity of inspector and either (1) broker or sales agent or (2) an undisclosed principal. Therefore, it would violate Section 1102.303 for you to inspect any property your broker has listed or where you were personally involved. Under Rule 535.156, a real estate license holder has a duty to disclose to a client any relationship the license holder has with an inspector performing an inspection on property that is the subject of a transaction involving the license holder. If you were to perform an inspection in connection with a transaction in which your broker was involved, your broker would need to disclose your relationship (as the broker’s sponsored agent), and if you were paid or received compensation or anything of value from anyone in your office in connection with the inspection, you would also need to disclose this fact and obtain the client’s prior permission.
Do you need an inspector to inspect a gutter?
Inspectors are not required to inspect anything buried, hidden, latent, or concealed. Accordingly, the requirement that inspectors report deficiencies in installed gutter and downspout systems applies only to visible deficiencies in above-ground gutter and downspout systems and not to underground drain piping, cisterns, or other buried components. Furthermore, there is no requirement that inspectors test gutters or downspouts (by pouring water into them or through other means).
Do you have to inspect to trade standards?
Inspectors are not required to inspect to trade or industry association standards. However, an inspector who advertises or represents that he or she will inspect to a higher standard could be subject to disciplinary action for failure to do so.
What is a TREC license?
The Texas Real Estate Commission (TREC) licenses home inspectors and publishes their standards of practice. In this SOP it states clearly that the inspector is not required to know the building codes, manufacturer’s or any other regulatory requirements. See for yourself:
How many pages of information does a TREC inspector need?
OK, enough. Perhaps you get the picture. The basic TREC inspector might know about 1762 pages of information while the ICC-certified inspector must know at least 10,444 pages of info. That, of course is not all-inclusive. Materials and equipment manufacturers’ installation instructions, Consumer Products Safety Commission requirements, . . . etc. ad infinitum, must be in the inspector’s wheelhouse if he or she is to steer your new house safely to the point of occupancy.
Do inspectors need to know TREC codes?
One might also assume that, though the SOP is found technically wanting, inspectors certainly would be required to gain additional knowledge not required by the TREC. Most do not. Many claim to. There is only one method of proving one’s knowledge of the codes and that is through code certification.
What is a property inspection?
A professional property inspection is an impartial third party visual evaluation of the physical structure, foundation, electrical, plumbing, heating, air-conditioning, roof, built in appliances, interior and exterior walls, doors and windows.
Why is it important to inspect a house?
Buying, selling, building, or staying in the property you own, a property inspection just makes good sense! Understanding the condition of the systems and components of a house is critical when it comes to purchase, repair, or maintenance decisions.
Do you need a license to inspect a home in Texas?
All home inspectors are required to be licensed by the State of Texas and are requested to follow the Standards of Practices covering minimum inspection requirements set by the State.
What is TREC commission?
TREC doesn’t just help hopeful realtors and licensed agents. The commission also provides services for everyday consumers. One helpful service is their license holder search tool. Buyers and sellers can enter a name or license number to know if someone is legally able to act as a real estate agent.
What is TREC in real estate?
Here in Texas, TREC holds that honor. The Texas Real Estate Commission (TREC) was founded in 1949 to help people through real estate transactions. As properties traded hands and regulations changed, there was real concern about making sure ...
What is the Texas Real Estate Commission?
The Texas Real Estate Commission is also an enforcement authority. The TREC Standards and Enforcement Services (SES) division make sure all real estate professionals comply with the rules and laws.
