Anyone who has ever been involved in selling or buying a house will be familiar with the home inspection process. This is an integral part of the sales process that is meant to protect both the seller and the buyer. For the buyer, a home inspection certificate gives them the confidence that they are actually buying something that has some structural integrity and that it is the kind of property they want to own.
As for the seller, it is a document that protects them against future repair claims by the buyer. As soon as the certificate shows that the house has been inspected and found to be in sound condition, the seller is free to sell it and close that chapter of their lives.
Understanding the value of a home inspection
The statement above gives you a quick rundown on why a home inspection is important for both parties. But as a buyer or even a seller, how do you know what to look out for during these inspections? What are the little things that raise red flags during home inspections? Listed below are some of the most common areas of concern during inspections. As a buyer, if you see any of these areas listed down in the inspection, you should take your time to carry out further investigation before going through with the sale.
1. Roofing issues
One of the most expensive things to repair or replace in a home is the roof.
Should your home inspection report indicate anything along the lines of poor roof condition, terminologies such as:
- Cracking or rotting
- Insect damage and missing granular sections
These terms should all raise concern. They indicate that the roof is ageing much faster than the house and that it will need repairs of replacing soon. This carries with it a hefty price tag.
2. Plumbing issues
The plumbing systems are invisible. That is also the main cause of concern. Because you may not see the faults, even a small leak in the plumbing hidden behind the walls may cause unimaginable long-term damage. Imagine a tiny leak on the shower floor of your second storey bathroom.
Over time, that tiny leak will interfere and sabotage the structural integrity of that entire section putting the entire floor below it at risk. The problem with plumbing issues is that sometimes you might need to carry out an overhaul of the entire system. That can be quite costly and time-consuming.
3. Electrical wiring issues
This is one of the biggest causes of fire safety concerns in both residential and commercial buildings. If the home has few outlets, it means that you will be heavily relying on extension cords that might create undue stress on the available outlets. If there are any exposed wires, you will be running a very high risk of electrocution and accidental electrical fires.
Exposed wires often occur when the previous owners take on a DIY project and forget to hire an electrical expert for that part. Should there be any electrical concerns within the report, a professional should be brought in immediately to ensure that the issue is resolved before the sale can go through.
These are three of the major home inspection red flags to watch for during a home sale. With a little care and diligence, you can protect yourself from future expenses and inconveniences by paying attention to the home inspection report.Tags: home inspection red flags, home inspection tips, what to look for in home inspections