How to Avoid a Money Pit: Be on the Lookout for these 6 Warning Signs That Could Mean Expensive Repairs...
Many people think that serious defects in a home are easy to spot, but the truth is, often the most serious and
costly problems can only be detected upon very close inspection. When you are considering buying a home, look
for the following six telltale signs of serious problems...
Leaks are the most common problem with roofs, and are tough to detect from outside. However, from inside an
attic, you can often see water marks where there is a leak.
2. Plumbing System
Make sure you are confident that both water systems: the one that brings fresh water in and the one that takes
sewage out are functioning well before signing on the dotted line.
3. Electrical Systems
Before you agree to buy you should make sure that you can run all of the appliances you want to and even power
tools at the same time without having a power failure. You also want to make sure that the electrical system is
safe and does not present a fire hazard.
4. Heating and Cooling Systems
Be sure to thoroughly inspect the heating and air conditioning systems in any home you are considering
5. Bad Paint and Signs of Rotting
The paint inside and outside the house can reveal a lot about the condition of the underlying material. Check
several places on several walls, using your eyes and a screwdriver for poking.
6. Cracks and other important signs
Cracks in walls, doors not closing properly and uneven floors can all be signs that there is a problem with the
foundation. If the foundation is not strong, the entire house could literally collapse, so you should carefully
check for these signs. A bad foundation may not mean imminent disaster, but it could be used to bargain for a
lower sale price, or you could ask to have the owner repair it before the sale.