Some electric companies only help with residential or commercial customers. Only a select few provide industrial electrical services in Montgomery County, as industrial electrical services are typically more complicated and labor intensive. Continue reading →

Are you thinking about making the jump from renting your space to owning your own home? If you are, you’ll probably use a mortgage loan to purchase your property. Knowing what to expect when you close on your loan can make the process of getting the right mortgage loan for you a little easier. No matter which lender you work with, you’ll probably go through these three steps when your lender underwrites your loan.

• Appraisal. An appraisal is a required part of the home buying process. During an appraisal, a home value expert will visit your home and assign an official estimate of value to your property. Lenders require appraisals because they cannot loan you more money than your property is worth.
• Inspection. Most lenders don’t require you to get a plumbing or electrical inspection in Montgomery County before you close on your mortgage loan. However, you should never skip this step because a professional inspection ensures that you know the true condition of your home before you buy it. During an inspection, a home condition expert will visit your property and safely test your home’s major systems, noting anything that isn’t up-to-code or that needs a repair. If your home has an underlying issue, you might want to ask your seller for a repair before you sign on your loan.
• Financial verification. While you’re receiving your inspections and appraisal, your lender will work on verifying your financial information. Your lender will run a credit check, verify your income and assets, and ensure that the financial documents you submitted when you applied for your loan are correct.

If you’re thinking about buying a home, be sure to schedule an electrical inspection in Chester County from the independent team at A-1 Electric before you commit. To learn more or make your appointment, give our team a call now!