If you are a homebuyer, a full inspection of your prospective property is essential to help you make the right life-changing decision. You may love the house, but home inspection issues could reveal a hornets’ nest of problems – possibly an actual hornets’ nest.
You might be thinking that it’s the sellers’ responsibility to patch the house up after finding major home inspection problems, but sellers are under no obligation to make any repairs to a home. So before you decide to move in, here are 6 of the biggest home inspection issues that will cost you if you buy the house.
Think Twice Before You Buy: 6 Issues to Take Seriously After a Home Inspection
1. Damaged Foundation
Issues with the foundation can be very big problems and are typically expensive to fix. Almost every house has a “settling” of some kind, which means the weight of the home has caused it to settle into the ground over time. This means that you will often see hairline cracks in the basement, but these are normal signs of settling.
If, however, the home inspector finds large cracks, bowed walls or dramatically uneven blocks, these all suggest catastrophic and expensive issues. Repairing a bowed or seriously damaged foundation could run into tens of thousands of dollars.
2. Water Damage
If your inspector finds standing water in the basement or evidence of water leaks inside the home, you should hear warning sirens go off. A small water stain on the ceiling may not look like much to you, but it could indicate a much larger issue. Since water works its way down, a stain in the living room could be a sign of damaged roofs, tiles, or entire plumbing systems.
3. Roof Maintenance Problems
If the home has curling shingles or damaged ceilings, then you might be facing roof issues that will be costly to repair. A home inspector would be able to tell you how many years are left in a roof. If you find out it’s less than three years, then you could use that to negotiate with your seller.
Roof maintenance problems are not something you can easily tell from the outside. A roof that’s actually falling apart can look just fine from the curb, which is why it’s very important to get an inspection. A new roof can cost you anywhere between $15,000 to $150,000 depending on the type of the roof and the size of the house.
4. Faulty Wiring
Faulty knob-and-tube wiring is often found in older homes, so be especially cautious if the house you are considering was built during the 1880s to the 1930s. Even if these wiring systems work, it is often recommended that these be replaced due to a number of safety reasons, including the fact that the circuit isn’t grounded and that the wires are sometimes covered in cloth that frays over time.
There’s a huge difference between having mice or cockroaches in a home to having termites or carpenter ants in a home. Mice and cockroaches can be dealt with, but termites and carpenter ants can literally chew away the wood that holds a house together.
Thankfully, home inspectors are trained to find signs of insect damage, and might even recommend a pest expert to precisely identify the severity of an infestation.
Mold is often found in kitchens, bathrooms, laundry rooms, and anywhere else that water is present. Mold is a cause of respiratory problems, and could lead to allergenic, pathogenic and toxigenic effects.
Allergenic effects involve symptoms such as sneezing and coughing, while pathogenic effects decrease the strength of the immune system. Toxigenic effects result in the most extreme health conditions, because these involve mycotoxins that can get into the lungs and lead to cancer, even death.
The problem with mold is that may already be growing in areas in the house you want to buy without it being visible. If you’re wondering, hire the experts of RW West Consulting and Inspection Services for mold testing. We will find all the areas in the house that has mold using visual mold assessment and air quality sampling. We even provide the appropriate Remediation Protocol based on the lab results.
You may have noticed – mold also made our list of “Home Inspection Results That Shouldn’t Necessarily Freak You Out.” If it seems strange for it to make this list as well, it helps to understand that mold MAY or MAY NOT be a “big deal.” Whether it will cost you big or it isn’t a big deal is only known once it is tested.
You could also inquire about our Full Residential Inspection package, which is perfect if you are a homebuyer who wants a complete review of the structural and mechanical components of the property you are considering to purchase so you can find out if there are home inspection issues that you can live with or that need to be addressed BEFORE you buy.