Certain home inspection fails can stop a home sale dead in its tracks. If you are trying to sell your home, it's important that you identify and fix any major issues in your home before putting it on the market, so you don't waste time and money after the fact. Certain buyers may not continue the purchase of your home if big issues are discovered during the inspection. Take a look at how to solve the biggest three home inspection issues.
The foundation of your home is the most important aspect because it is what makes the property structurally sound. Your foundation has to be in good condition for the rest of the home to retain its good structure. Water damage, bad craftsmanship and even geological problems can cause foundation problems. It will take a professional to truly determine the severity of any foundation issues.
If your foundation is cracked significantly or has shifted outside of inspection boundaries, you will need to have a professional reset it before you can place your home for sale. If the problem is too severe, you will have to consult a structural engineer.
Before selling your home, you will have to have it inspected for pests. If your home has been infested with termites, this can cause severe structural issues and cannot be ignored. The longer the problem exists, the worse it becomes. The same goes for rats, mice and ants. While these pests are not a huge concern, the termites are not something to ignore — they can destroy the structural integrity of your home. Bring in a professional to put an end to your termite issues, before they take over your home's structure.
Replacing a roof is expensive, but it is necessary if your roof is leaking or missing a significant amount of shingles. If your roof does not pass the home inspection, you'll need to ask a professional roofing company to take a look and determine what the issues are. They may even be able to address the issues without having to replace the entire roof.
This is one issue that you need to identify before placing your home on the market —one of the contentious items in the inspection is the subjectivity of how long the roof will last and when it will need to be replaced. Your home inspector may say that your roof is nearing the end of its rope but has a few years left of good use before it will need to be replaced. This is why you need to consult with a professional roofer to have a written statement of evidence about your roof's condition for buyers to see.
What issues have you had to solve with a home inspection?
|Our firm provides the information in this e-newsletter for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided "as is," with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.