When you are buying a house, an inspector has to come out and inspect inside and outside of the home in search of any issues that may prevent the bank from approving your loan. It is your responsibility to take over the issues once you purchase the house, this is why the home inspection is so important. It is important to know what issues are in your home so that they can be fixed.
Roof problems are one of the most common issues found during a home inspection. A damaged or poorly maintained roof can lead to major problems in the future, such as water damage. Whole roof repairs can be expensive and should definitely be factored into the price of the home. Most buyers are not willing to compromise on the roof because they are so expensive to repair. If the roof still has a few years of life left on it, you shouldn’t expect the current homeowners to replace it.
Environmental issues are huge among inspectors and have become increasingly strict. If there is radon, lead-based paint, mold and asbestos in a home that you are potentially buying, they may need to be removed before you can move in or before the bank will approve you. These are all health concerns and are very dangerous. The same goes for a home that has well water. You are going to want to get your well tested to make sure it does not have iron, copper, manganese, etc in it. These are things that are going to make your home inspection not go well.
Poor ventilation is another common issue that home inspectors find. A home that does not have a significant amount of airflow has the risk of developing mold problems. One of the most common imperfections is a bathroom that is vent dumping into the attic and not through the roof. This makes for the perfect environment for moisture and mold growth.
Another common issue that is found during inspections is foundation issues. If there are any kinds of foundation issues on the home, a bank will most likely not approve your mortgage. This is because it is a liability to the bank. You want to make sure the foundation can be repaired and if possible, try to get the cost of the repair taken off the sale price of the home or make the current homeowner pay for the repair and leave the price of the home alone.
Electrical safety concerns are also a major problem found during home inspections. Older homes may not have electrical systems that are up to codes such as ground fault breaker outlets and grounded outlets throughout the house. These are all necessary for a safe living environment, especially when you think about all of the appliances that need to be plugged into these outlets. If your future home has knob and tube wiring, a lot of insurance companies are not going to insure the home.
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If you are buying a home, keep a look out for these issues. The home inspector is going to point them out, but it will also help if you are also keeping an eye out for any other issues that you may think will stop you from buying your home.