5 Home Inspection Red Flags Daily Real Estate News | Monday, July 22, 2013 A home inspection is a buyer’s opportunity to see if any problems lurk that may prove expensive to fix later. Home inspections nearly always uncover something in a home to watch for or minor repairs needed. But what repairs should buyers especially be alarmed about that could possibly send them back to the negotiation table? Tom Kraeutler of The Money Pit, a nationally syndicated radio show on home improvement, points out some of the following home inspection red flags: 1.Termites and pests: The sooner termites are detected, and steps can be taken to get rid of them, the better. In Ct, the seller must have this issue resolved BEFORE the closing date! 2.Drainage issues: A home that has poor drainage can have wood rot and wet basements and crawlspaces, which can then lead to major mold growth. 3.Mold: Pervasive mold growth may indicate an issue with improper ventilation issues and can also cause health issues to those living in the home. 4.Faulty foundations: A cracked or crumbling foundation could be a very expensive repair. 5.Wiring issues: Outdated wiring or overloaded circuits can pose a fire hazard. Your home inspector can make referrals if there are any possible issues.
Posted on: Mon, 22 Jul 2013 18:09:24 +0000
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