There are many good reasons why both a buyer and a seller should get a home inspection. The buyer wants to know if there are any problems with the property that might prevent them from purchasing it. The seller needs to find out if there are any issues that should be fixed prior to placing their home on the market.
Here are some of the more common problems discovered by home inspectors:
Roofing – Many roofs are found to be beyond there normal life expectancy. Most lenders require that a roof have at least three to five years of life remaining, so many times a new roof will be required in order to meet this standard. More minor issues could be popped nail heads or flashing issues around a chimney or in a valley.
Ceiling damage – Most ceiling damage is caused by water. Either rain water that’s leaked through the roof, or a plumbing leak. The source of the leak will need to be determined and fixed prior to repairing and/or painting the ceiling.
Electrical – The most dangerous problems discovered at home inspections can be attributed to electrical issues. Many of the problems found are overloaded circuits, connections not in junction boxes, improper grounding, and no GFI’s to name a few.
Drainage – Improper drainage around a house often leads to water intrusion into the basement area, which can cause wood rot, mold, mildew, fungi and the like.
Wood rot – This is caused by wood being exposed to water for extended periods of time. The wood will eventually loose its supporting strength, and it will need to be replaced.
Fireplaces – Many of the issues with fireplaces and chimneys have to do with firebox deterioration, damper doors not opening and closing properly, improper venting, and masonry cracks.
Plumbing – The majority of the plumbing issues are usually fairly minor in nature. Many times it’s leaking faucets, toilets, and drain lines. Another common problem is too much water pressure, which is caused by a faulty pressure reducing valve.
Water heaters – Most water heater problems found are improper electrical connections, pop off valve lines not properly routed, and the water temperature set too high.
Mold & Radon – These can be two of the biggest deal killers. You’ll need to hire a professional to test for these items to determine if there is a problem. Once you have the results you can then decide if any action is needed, and what the costs would be to correct it.