Home inspection red flags
You have finally found the house of your dreams and the only thing left to do is get a home inspection. Nerves set in and anxiety starts. What if your perfect house turns out to be a money pit?
Before getting too worked up, you must realize that a home inspection doesn’t give a pass/fail outcome, it simply outlines the condition of the property and you are then able to make an informed decision whether or not you want to go ahead with the purchase. One thing to note, no home inspection will yield perfect results. It just doesn’t happen. Even new homes have issues that arise. No home is perfect.
There are some issues though that should be cause for concern and may require further investigation. Here’s a list of what those are and may help ease your mind when it comes to yours.
It’s important to ensure your homes electrical system isn’t past it’s prime. An upgrade may be due if an inspector finds overloaded outlets or a panel that’s wired with too many circuits. Also, pay close attention if your home has been found to have aluminum wiring. It was used between 1965-mid 1970’s in place of copper and poses a risk of fire due to the potential of overheating at the connections.
One of the most important structures of a home is the foundation if not the most. Every home experiences some degree of settling but a qualified inspector will be able to determine if a seemingly minor crack is actually major trouble. Bulging or bowing walls can also spell trouble and may need to be further investigated by a structural engineer to provide reinforcement.
If your new home comes with a septic tank, ensure there isn’t any trouble below. A new septic tank can cost anywhere from $5,000-$20,000 to replace. Watch out for foul smells, slow or gurgling drains, and standing water- they are all signs of a septic tank that needs repair.
One of the most common homeowner woes is issues relating to water. Your home inspector will check for any water stains and leaks and for the presence of mold. Some may be minor fixes while others may be very costly and require the use of professionals.
Just because your inspector uncovers an issue doesn’t mean that the seller will agree to fix it. Ultimately it’s up to you to decide whether the issues are something you can and want to handle, a lot of which will depend on your budget and willingness to take on the projects.
An experienced real estate agent like myself can help navigate you through the findings and set priorities for moving forward. If you are looking for a trustworthy and knowledgeable agent, call me and I’d be glad to help you along your way.
Saskatoon real estate agent
Century 21 Fusion