Whether you are a first-time home buyer or downsizing for your retirement home, the same emotions can apply to buying a home. With more experienced home owners, they might be more experienced when it comes common household issues, but that doesn’t mean they can’t also put on blinders when they think they’ve found the perfect home. It’s why your home inspection is so crucial. In this blog post, we talked with some experts to get their feedback on some of the most common issues that pop up during the inspection process. As we discuss at length, some very big decisions need to be made throughout the home buying process, and these inspection issues are some of the biggest hurdles you might face.
Common problems that pop up
We’ve seen our fair share of transactions throughout the years, and you pick up on common themes. While there are sometimes outliers that affect a home purchase, you can probably be certain if your inspection report pops up significant issues, it will be one of these:
Depending on the age of your home, you may have out-dated wiring that is unsafe and has the potential to cause a devastating fire. Knob and tube wiring was the standard way of outfitting homes with electricity from the 1900’s through the 1950’s. Unfortunately, this system is considered unsafe for modern homes as it isn’t capable of carrying the loads that modern living put on homes. While breaker boxes are designed to shut off electricity in the case a circuit is overloaded, knob and tube wiring also means that it’s just plain old and like anything that has been relied upon for 70+ years, decay will occur. If you want to buy a home and the inspector says it has knob and tube, you need to consider having the entire house re-wired. And hold your breath…it’s expensive! Like possibly $10,000 or more!
We wanted to make sure to include this system even though it isn’t something that your inspector will take a look at. In fact, you need to hire a sewer line company to come out and scope the line with a camera to fully diagnose its condition. This is an absolute must. It will cost you a couple of hundred dollars, but especially with older homes it could end up saving you a ton. Having a sewer line replaced can cost upwards of $6,000 or more, and the last thing you want is to have a huge surprise like that pop up shortly after buying your home!
In any sellers disclosure statement, there will be a section regarding water damage. But the reality is that isn’t going to give you full picture of any issues regarding the home, and that can especially be true when it comes to any water damage problems. While a home inspector is capable of finding potential moisture issues, the reality is if problems are discovered, you’ll want to hire a Houston water damage restoration company to further assess the situation. They’re equipped with moisture detectors that can peer behind walls and under subfloor and give you a much clearer picture of any potential problems. Water damage can be an incredibly expensive problem to fix, especially if it has been an ongoing problem over the course of many years. In Houston, the most common problem we see if foundation issues from water.