If you are looking to buy a home, then you need to know what problems or defects to look for. A major home inspection company did a recent study and found that 40% of the previously owned homes for sale have at least one serious issue. I always suggest getting a home inspection to catch hidden issues.
The money that you spend on a home inspection is better than finding out later that you are stuck with budget busting repairs. Here are a few problems you should look for when buying a home.
One huge issue you want to avoid is anything involving the foundation of a home. Take a few minutes to see if the yard slopes towards or away from the house, If the water runs toward the house and the foundation it can cause damage over time. Also, look for bulges or cracks in the foundation which could indicate serious issues.
A Shocking Problem
Another problem that can quickly turn your dream home into a money pit is the electrical system. A professional home inspector will check the electrical system to make sure it is up to today’s standards. Avoid homes with outdated electrical systems. Some tell tale signs of a problem are flickering lights, circuits that don’t work and warm/hot outlets to the touch.
Always check the roof on any home that you want to purchase. Check the ceiling in every room for any stains. This can be a sign that the roof was leaking not long ago or leaked in the past. A leaky roof is an expensive repair If the home’s roof has been neglected, then you need to ask yourself “what is else has been neglected”.
Not All is Lost
When you get the results of the home inspection and there are issues, you must remain calm and unemotional, If anything, you should be relieved that you found the problems before you purchased the home. If your contract is written properly, you can change your mind about buying the home or ask the seller to lower the price, get a credit at your closing and/or ask the seller to fix any and all issues.
A great home inspector is going to check these items and many more, It is always worth paying for a professional home inspection to avoid any nasty expensive surprises!