Know the Home Inspection Red Flags
If you have ever been involved in a real estate transaction, you have probably experienced the process of getting a home inspection. Home inspections are done primarily to protect both buyer and seller. When purchasing a home, buyers clearly want to be confident that they are making a wise investment and a thorough home inspection can provide that peace of mind. For home sellers, a documented inspection verifies the condition of the home at the time of purchase, making it difficult for a buyer to come after the seller for future repairs.
Understanding the value of a home inspection is important, but knowing what to expect from an inspection is equally as important. No home is perfect – not even a newly constructed home – all homes have a certain amount of flaws so buyers and sellers should be prepared to see some recommended repairs on the report. The question then becomes which flaws are normal, and which defects are red flags for future problems?