Yesterday we posted an blog about things that shouldn’t cause you to immediately write off a home you’re looking at (ie. ugly paint, wallpaper, flooring or landscaping.) However, there ARE a few things that should cause you to reconsider purchasing a home, or at least raise some concerns. According to a major home inspection company, more than 40 percent of the previously owned homes on the market have at least one serious defect. This is to be expected, but with the high prices of homes today, you should definitely be aware of any major problems there are in a house that you are considering purchasing, as well as what it will take to fix the situation. Some of the most serious home defects to look out for include:
Cracked heater exchange
Failing air-conditioning compressor
Environmental hazards including radon, water contamination, asbestos, lead paint, and underground storage tanks
Moisture in the basement
Defective roofing and/or flashings
Insect infestation — termites or carpenter ants
Mixed plumbing
Aluminum wiring
Horizontal foundation cracks
Major house settlement
Undersized electrical system
Chimney settling or separation
While most of these problems can be fixed, they can also be very costly, especially if the defect involves one of the major systems in the house. This could ultimately become a major factor in whether or not you decide to buy the house.
If you are planning to buy a home, let The Incorvaia Team make the process as easy as possible for you. Call us at 440-879-7130 today!
