If there’s one defect you don’t want to find out about after you move in, it’s a basement that floods. The basement areas of the home should be thoroughly checked for signs of water intrusion, such as water stains, mildew, an odor of dampness, efflorescence on the walls and floors, and damaged and cupping floors. In addition, look for water proofing systems, sump pumps, etc. in the basement; these systems can help to reduce the risk of water flooding in the basement but may not be able to eliminate water intrusion under all conditions. If a house needs water proofing measures, the cost can run into the thousands.
Proper insulation and ventilation in a home should not be overlooked; proper ventilation in a home is more important than most home buyers are aware of. Inadequate ventilation in an attic can result in accelerated deterioration of the structural roof deck; if this occurs, a major expense will be incurred to remove and replace the roofing shingles and roof deck, and in extreme cases, the roof rafters. This is one defect that should not be overlooked.
The condition of the paint surface on homes constructed prior to 1978 may contain lead paint which can be a problem if there is wide spread deterioration of the paint surface; your home inspection engineer may suggest an X-ray evaluation of the paint surface for lead content. If you are planning renovation of walls, etc. after you move in, lead paint is an issue to consider.
If you would like the chance to work with me or one of my fellow real estate investor coaches and our advanced training programs, give us a call anytime to see if Dean's Real Estate Success Academy and our customized curriculum is a fit for you. Call us at 1-877-219-1474 ext. 125