If you have ever been involved in a real estate transaction, you probably know that one of the most important steps of buying a house is getting a home inspection. A thorough home inspection will verify the condition of the property and provide buyers the peace of mind and confidence that they are making a wise investment.
While all homes have a certain amount of flaw, it is important for buyers to become aware which of these flaws are normal and which ones may warrant potential problems.
Listed below are some red flags that may warrant concern if noted on a home inspection.
No matter how much you love the house, you certainly need to walk away from it if it has issues with its foundation. A qualified home inspector can tell you when a seemingly minor crack actually means major trouble.
Keep an eye out for cracked windows, bowing or bulging foundation walls as these are obvious signs of structural weakness.
Defective electrical wiring is one of the most common causes of residential fire. With today’s families using more gadgets than ever, be sure that your home inspector thoroughly inspects the house’s electrical system. Also, pay attention to aluminum wiring as it poses a dangerous fire hazard.
A home that is plagued by mold is not only disgusting; it can also be detrimental to your health.
If the home inspector found extensive mold growth around the house, you need to walk away for a number of reasons. Aside from being a health hazard, removing molds from ducts, walls and crawl spaces will cost thousands of dollars. Plus, molds is a clear indication of an underlying moisture problem, which can do real damage to the structure of the house.
A house’s roof will age along with its dwelling. So, pay close attention to the home inspection notes and check to see if there are any signs of rotting, cracking, splitting, blistering, curling and cupping. If so, then you should think twice about buying the house as these are warning signs of future warning intrusion. Mind you, installing a new roof comes with a hefty tag price.