DENVER, CO - Mortgage rates at the end of May have hit record-low territory and may go even lower this summer, and coupled with lower housing prices experts believe this may be the best time in years to buy a home.The plumbing professionals at Benjamin Franklin Plumbing of Denver advise prospective homebuyers to have the selected property’s plumbing inspected, particularly on older homes, to ensure that there are no expensive potential problems lurking in the sewer system, sprinkler system, water mains, drains, fixtures and water-based appliances.”

Our licensed plumbers do full-house plumbing inspections before a purchase is made, and sometimes these inspections turn up issues that have very real material effects on the home buying decision,” says Steve Jusseaume, Founder and Owner of the 32-year-old family owned business.

“Potential buyers have used our inspections to renegotiate the purchase  price of the home, to have the current owner fix the problems before buying, and in some cases simply to just walk away and find another home. When we don’t find any problems, then the buyers have the peace of mind that, from a plumbing perspective, they have made an excellent choice.”Jusseaume also recommends that home sellers have a full-house plumbing inspection before placing their home on the market.They can find problems early and take care of them or discover that the home’s plumbing is in tip-top shape - and present the inspection and any problems addressed as a major competitive selling point to buyers, he says.Home buying in Colorado and nationally set a brisk pace in March and April as buyers rushed to take advantage of up to $8,000 is federal tax credits being offered for purchase contracts consummated by April 30 with sales completed by June 30.However, many experts expect the housing market to continue its return to health over the next several months, spurred on by pent-up demand from slow sales during the recession and also by the lowest mortgage rates posted in decades.Freddie Mac, one of the chief quasi-governmental companies involved in the mortgage industry, quoted 30-year fixed-rate mortgage (FRM) rates of 4.8% for the week of May 20 - the lowest rate for such debt instruments since 1972, the year Freddie Mac began to track rates on a daily basis. That year the average for a 30-year FRM was 8.04%, rising to 13.47% on average in 1980, 10.13% in 1990, and 8.05% in 2000. This past decade has shown a steady decline in rates, but the current 4.8% is the lowest on record and real estate observers believe it will drop even further over the summer.

“There probably hasn’t been a better time to buy or sell a house in my lifetime,” says Jusseaume, the veteran plumber.”But people have to make the right decision, and potential plumbing problems rank right up there with the most expensive repairs and upgrade a homeowner will face.”A Complete Home Plumbing Inspection from Ben Franklin Plumbing of Denver, performed by the company’s professional and fully licensed plumbers, ranges from checking out every system in the house for any obvious problems, to more detailed diagnostic services if a potential problem is identified. The costs vary, as detailed diagnostics run the gamut from simple to complex, but such an inspection will lead to years of worry-free home ownership.For complete details on Complete Home Plumbing Inspections for home buyers and sellers alike from Benjamin Franklin Plumbing of Denver, call toll-free 866-PUNCTUAL, local at 303-340-3400 and visithttp://www.benfranklinplumbingdenver.com/denver-plumbing-inspections.php.

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