Deciding to sell or buy a house can uncover a lot of issues. It’s important to know what you’re getting yourself into and what to do when you face problems. Whether you’re buying or selling a home the inspection can be a high stress point. What happens if the water heater is on its last leg and the homeowner isn’t willing to replace it or there is a crack in the foundation and the buyer threatens to back out?
Here are some of the most common inspection problems to be prepared for in your buying/selling experience:
Grade sloping (or draining) back toward the home
This can lead to a wet crawlspace, move the foundation, create cracking or form settlement. Mold can grow from water getting into walls and foundation, potentially causing rot inside the walls.
When applied correctly homes with stucco exterior can last a lifetime. However, when incorrectly or lazily done stucco can cause major home issues. At the base of exterior walls, where the foundation and the sill plate meet, weep screed is applied. If applied incorrectly, water can get in cracks through the wall and cause mold, rot and leaks inside your home.
As homes age so does the roof. A well installed roof can last anywhere from 15-40 years, but one that was installed incorrectly ages much faster and will need to be replaced sooner. As roofs age they can begin to weaken and lead to water intrusion, meaning leaks in your home. Repairing or replacing a roof can be very expensive.
Often times house fires are caused by faulty electrical wiring. When looking into buying a home, especially older homes, how up-to-date the wiring is. Another issue is exposed wiring. Being exposed can lead to physical damage easier than wires tucked behind the wall.
Heating/cooling system defects
Improper installations, poor maintenance and aged parts can lead to pricey repairs or replacements.
Be prepared going into the inspection that there will be problems. All homes, especially older ones, have issues that need to be addressed. The inspector will give you a run down of all issues but it’s always a good idea to have a general idea of what to look out for.