What are the Most Common Issues Found During a Home Inspection?

By Candace Osmond
Last updated on Nov 2, 2021

From: https://www.homedit.com/common-issues-found-during-a-home-inspection/

What are the most common issues found during a home inspection? When you’re excited to buy a new home you have your heart set on, it’s easy not to notice the flaws that could lead to extremely costly repairs.

That’s why home inspection exists: for a moderate sum of money, you can avoid spending thousands of dollars on repairs. If you’re looking to buy a home, this home inspection article is definitely a worthy read!

What Is a Home Inspection?

A home inspection is a thorough visual examination of a house’s physical structure and systems. A single-family home inspection typically takes between two to four hours to perform, though this varies significantly depending on the size and condition of the home.

Following the inspection, the inspector will provide the customer a report outlining their findings, replete with photographs, analysis, and recommendations.

Why You Need a Home Inspection

Purchasing a new house is a momentous occasion in one’s life. While this is the start of a new adventure, it is also a significant decision that should not be taken lightly.

You may have discovered the ideal home for you and your loved ones, it is critical that you verify that the home is genuinely as wonderful as claimed. Paint colors, kitchen cabinetry, and tiles can easily change, certain other parts of the property may be more difficult to replace or repair.

A home inspection conducted prior to making an offer on a house or condominium can provide the utmost peace of mind prior to signing the contract. This way, you’ll have a clear understanding of what you’re getting into with your new property.

Knowing the genuine state of your potential home enables you to make an informed judgment about the house’s value prior to making an offer. You’ll have an idea of how much money you’ll need to set aside for future maintenance and repairs.

saving money buying a home

Who Usually Gets the Home Inspection?

Generally, the buyer is responsible for their own evaluation and home inspection. However, there are instances where a seller may elect to bear one or both of these costs.

If you intend to buy a house, you have a specified number of days specified in the contract to arrange for an examination of the property. This is at your expense, and prices vary according to the location and size of the property, with national averages ranging from $300 to $500.

A trained home inspector crawls through the house from attic to basement, inspecting, testing, evaluating, and estimating the life expectancy of different parts of the house.

Your contract should include a financial amount indicating how much you are willing to spend to bring the residence into compliance with your standards.

If the inspection reveals major flaws, such as termites, roof leaks, broken heating systems, or anything else that requires extensive repair, you have three options: walk away, bargain with the seller, or accept the findings and proceed with the transaction.

Common Issues Found During a Home Inspection

home inspection electrical

A home inspector will ensure that the structure of the home is sound and that the plumbing and electrical systems are safe, among other things. The inspector may even propose contacting professional home inspectors for further examinations as they travel around the house.

1. Electric Issues

Each year, about 51,000 home fires are ignited by electrical faults, so it’s natural for home inspectors to scrutinize a home’s electrical system to ensure that everything appears to be in working order. Electrical inspectors frequently discover fraying insulation, do-it-yourself wiring, misaligned wires, and over-fusing.

2. Plumbing Issues

Plumbing issues and leaking pipes are frequent reasons for a home inspection to fail. These difficulties might be as basic as a slow drain or a leaking faucet, or they can be more complex, such as cross-connection problems (where water from another source contaminates domestic water).

In some situations, pipes will have to be replaced altogether. Plumbing is a major source of concern because if a hidden leak is left unattended, it can result in mold spreading throughout the home.

To locate leaks, the home inspector will look for signs of mil damage, and fractures around pipes throughout the home. Additionally, they will inspect the ceiling for wet stains or fractures.

Continue reading the full article at https://www.homedit.com/common-issues-found-during-a-home-inspection/

www.iOnRealEstate.ca bring home buyers and seller real estate news, info, and stats so they can make the best decisions buying or selling their next home.