Common Red Flags in a Home Inspection
A home inspection is an essential part of the home buying process. It helps you identify any potential issues or problems with the property before closing the deal. While some issues may be minor and easy to fix, others can be serious and costly.
Potential Red Flags Outside the House
Roof: Roof replacement can be one of the most costly repairs a homeowner encounters. Does the roof look well maintained? Are there flat spots where water pools? Are there missing shingles? When was the roof replaced previously? Problems here can create delays in the transaction.
Foundation: The entire home rests on the foundation, and repairs aren’t always foreseen in the cost of the appraisal. Did the inspector note any uneven areas? Any major cracks? Sunken areas? Evidence of moisture? A solid foundation is essential to a solid deal.
Windows and Doors: Windows and doors can be replaced, but not without significant expense. Do they open and close smoothly? Do they seal tightly? Windows and doors that don’t keep the elements out can lead to expensive energy bills and even more substantial damage elsewhere.
Gutters: Water damage is always a critical issue to look for, and gutters are surprisingly important. Ensure gutters are properly connected to the roof and downspouts are pushing water away from the home’s foundation on a gradual slope.
Electrical Panels: In recent years, there have been concerns about two specific brands of electrical panels that may have significant manufacturing and/or design flaws. These issues can potentially put homeowners at risk of electrical hazards such as fires and electrical shocks. Furthermore, there are millions of homes with electrical panels that are over 40 years old, which may no longer provide adequate protection from overcurrents and short circuits.
It’s important to remember that not all issues found during a home inspection hang up a deal. However, it is essential to know what you’re getting into before you make the purchase!