10 Home Inspection Issues Red Flags: Is It Time To Back Out?

Most homebuyers realize that they cant expect a perfect home inspection report
when buying a resale home. In this competitive market, some buyers are waiving the inspection altogether. Thats a bad idea for a few reasons, which Ill cover in another post. Cosmetic flaws and minor repairs are easily managed
and shouldnt be dealbreakers. There are some issues that are more
serious and should give you pause. When in doubt, ask your agent what she thinks. And if you still feel uncomfortable, its better to look for another home than to regret buying one with major issues.

• Leaky and Rundown Roofing watch for signs of current or past water
  damage.
• Poor Drainage drainage issues can cause serious damage to the home
  foundation, siding, and basements.
• Foundation Issues signs of foundation problems can include cracks
  around doors and windows or uneven floors. Foundation problems can cost
  thousands of dollars to correct.
• Plumbing Problems major plumbing issues should be considered carefully
  and further explored.
• Pest Infestations termites and other wood-eating pests can cause
  extensive damage that can be hard to find and costly to repair.
• Mold that musty smell could be due to hidden mold and further
  investigation should be taken as mold can be dangerous to the health of
  the family. Depending on the type of mold, it can be very difficult to
  remove entirely.
• HVAC (heating, ventilation, air conditioning) Problems a malfunctioning furnace can be a fire hazard, and an air conditioner not operating properly can be dangerous in hot summers.
• Electrical Wiring faulty wiring can cost thousands of dollars to repair.
• Structural Damage sagging joists, rafters, and door jambs can be evidence
  of larger issues.
• Deferred Maintenance a home in poor condition could be hiding more
  serious issues due to chronic neglect.

Homebuyers should be alert to these issues and know the costs to repair before
concluding the sale. Home sellers should address these issues before putting the home up for sale to ensure they get the best possible sales price. Otherwise, they may end up paying more to get repairs done quickly, or have to take a lower sales price to offset the repairs a buyer may have to do after closing.

Are you ready to buy or sell your home? Call or text 832-402-6040 to get started.