When you’re buying or
selling a home and the purchase agreement is freshly signed and you’re
officially in escrow, things move fast. But it all comes to a head for one
seminal event that could make or break a real estate transaction - the home
inspection. In fact, home inspections (along with the appraisal and seller
disclosures) are like a big flashing yellow right in every deal, with the buyer
not feeling comfortable to move forward (by removing contingencies) until a
full home inspection report is on hand – and usually the seller addressing any
major fixes that need to be done.
Just how important are
home inspections to buyers? An annual American Society of Home Inspectors
reveals that 88 percent of respondents say home inspections increase their
confidence about the condition of the property, 72 percent of U.S. homeowners
said that a home inspection helped them avoid potential problems when they
bought their home, and 64 percent of homeowners said they saved a lot of money
as a result of their home inspection.
But home inspections don’t
have to be nerve-wracking or a stumbling block to a home sale closing as
planned. To avoid any unwanted surprises, pricy renegotiations, or even deals
falling through, home sellers would be wise to do their own pre-inspection, by
themselves, with the help of their handyman, or even by hiring a home
inspectors themselves before listing the home, especially for luxury and
high-end homes.
With a little planning and
diligence, a clean home inspection report will encourage the happy buyer to
proceed with a smooth transaction. In order for sellers to know just what to
look for and proactively fix, here are the top maintenance issues found in home
inspections:
1. Electrical
Home inspectors make sure all outlets, GFCIs, and
switches work properly, as well as check electrical breakers and fuse boxes.
Some common problems include old wiring, wiring connections not put in a
junction box, a lack of GFCIs in kitchens and bathrooms, outlets with reversed
polarity (hot and neutral wires are mixed) and two electrical circuits wired
through a single breaker.
2. Water and plumbing
Smaller leaks around toilets, under sinks, and
dripping faucets are actually pretty common and easily fixed, but bigger water
damage issues can lead to mold and major structural damage, so home inspectors
will look for telltale signs like discoloration on ceilings, rot, and cleanouts
and drains that don’t work properly. Older homes may present a problem because
galvanized water lines rust from the inside, closing the passageway which water
can move through and reducing water pressure. Replacing all your water lines
with new copper piping can be a huge expense – but necessary at some point.
3. HVAC systems
Heat and air systems require regular maintenance and
are costly to replace, so home inspectors will test both heating and cooling
systems (no matter what the season!) thoroughly. Homeowners should be replacing
their filters periodically and getting their HVAC system tuned up once or twice
a year to keep the unit in good working order and prolong its life. Inspectors
will also check the flow of ducting and making sure AC units outdoors are clean
of debris and obstructions like high grass. Older homes or those in colder
climates may have a furnace or boiler that also needs TLC.
4. Smoke and CO detectors
This isn’t just
nit picking, these detectors really save lives. In fact, studies show that fire-related fatalities are twice as high in
households where no smoke detector is present or it’s inoperative. Regulations and safety codes for smoke
detectors vary from state to state, but according to section 310.9.1 of
the California Building Code, all residences must have smoke detectors
installed.
Likewise,
carbon monoxide poisoning shouldn’t be taken lightly, considering that more than 10,000 are poisoned by carbon monoxide and
need medical treatment each year, and around 500 people die from carbon
monoxide poisoning in the U.S. every year. California is now one of the 26 states in the U.S. that now mandates
carbon monoxide detectors in private dwellings (and even schools) so it’s
important you are in compliance not just to “pass” the home inspection but for
the health and safety of your family.
Additionally, radon gas in
the home is a growing health concern and testing is becoming more common.
5. Windows
Home inspectors will check to make sure
all windows open and close freely and aren’t painted shut, bent or warped,
impeded by window ACs if they are the only egress in the room, and generally
that they are up to standards of the home. Windowpanes should be free of cracks
or splintering, and most people don’t realize that the dreaded fogging or
trapping of moisture between double paned windows as the vacuum seal is
breached will be an item the home inspector needs to flag.
In older homes with original windows, sash cords are
often broken or missing, inhibiting the window from staying open, or closing
correctly, and will need to be fixed.
Remember that focusing on windows being in tip-top shape isn’t just for
cosmetic reasons but to ensure safe exit in case of a fire or other emergency
in the home.
***
Look for part two of this blog where we'll cover the rest of the 15 most common maintenance items that are flagged in home inspections.
This is great information & perfectly explained article about problems detected in Home Inspection. Home inspection is very important while buying a new or old home.
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