A forty two year old home is listed for $105.000.

 It is appraised at 111,000 but the owner has been transferred to an other Province and needs to sell fast.

 THE CURRENT OWNER bought it 12 years ago for $70,000. So even at that below market sales price, he will still realize a substantial profit.
 

It has a minor leak in the roof that, so far has just been absorbed by the attic insulation.

 The furnace has a hole in the heat exchanger that mixes carbon monoxide with the heated air and distributes it throughout the house.

 The main electrical panel is inadequate for the power draw and some of the breakers are defective and will not pop on overload.

A Realtor® closes a sale on the property for $103,000, without knowing about the hidden defects.

 The buyer takes possession of the home at the bargain price expecting a beautiful and safe dream home.

 First, one of the electrical circuits overheated and ignited a fire in a wall while the family was still awake.

The fire department responded quickly and extinguished the fire.

 The home buyer bore the expense of a new panel, some new circuits and other expenses not covered by insurance.

 On top of everything else there was the trauma caused by the fire.

 With the onset of winter, the family members began experiencing headaches and dizziness. After extensive medical tests the problem was finally traced to the defective furnace with a hole in the heat exchanger.

The home buyer was terrified of the furnace because of the near disaster.

 A new furnace was installed and the home owner had to borrow money to cover the cost.

 With two near tragedies, the dream had literally turned in to a nightmare.

 The confirmation came the following spring when the minor roof leak escalated causing water damage to the ceiling and the insulation and some of the furniture.

 More money had to be borrowed for new shingles and associated repairs such as rotted wood at the edges of the roof structure where the slow leak had been present for some time.

Despite the bargain price, in the mind of the home buyer, that dream would forever be a nightmare.

A caring and experienced Realtor® arranged a pre-purchase home inspection.

The defects were detected by the inspector from Madsen Technical Services, an experienced certified CAHI®/ASHI® Member.

Armed with that information and the suggestions for handling the problem provided by the Home Inspector, the Realtor® negotiated a selling price of 103,000.

An additional sum of $ 5,500 was added to the mortgage to take care of the deficiencies detected by the CAHI® Certified Madsen Home Inspector:
 

• A new furnace;
• Repair to the roof structure;
• New shingles;
• A larger electrical panel and some simple re-wiring of part of the electrical system;
• The repairs were completed before the buyer's family moved in.

The first buyer expected a beautiful and safe home but got a nightmare.

The second buyer expected the same thing but got a dream come true by dealing with Professionals, Madsen Technical Services Inc. and a caring experienced Realtor®.

An experienced caring Realtor® and a pre-purchase home inspection by a certified CAHI Member from Madsen Technical Services Inc. can be the difference between a nightmare and a dream come true.