Blog Content By Evan Sutter, Co-Founder, SwiftReporter
A home inspection isn't a "pass or fail" test, but some findings are more significant than others. For a homebuyer, the inspection report can be overwhelming. Knowing which items are routine maintenance and which are major red flags is key to a successful purchase.
1. Foundation Issues: Cracks in the foundation or sloping floors can indicate structural movement. While some settling is normal, large horizontal cracks often require expensive professional repair.
2. Outdated Electrical Systems: Aluminum wiring or outdated panels (like Federal Pacific) can be fire hazards. These are often deal-breakers for insurance companies, not just homebuyers.
3. Water Damage and Mold: Water is a home’s worst enemy. Evidence of past flooding or active leaks in a crawlspace can lead to structural rot and mold growth, which impacts both the home’s value and the occupants' health.
4. Roofing Failures: A roof at the end of its life is a major capital expense. Inspectors look for missing shingles, soft spots, and improper flashing around chimneys.
5. Failed Sewer Lines: You can't see them, but a scope of the sewer line can reveal collapses or tree root intrusions that cost thousands to fix.
What are the most common home inspection deal breakers? The most common deal breakers include structural foundation issues, mold, systemic electrical failures, and roofs that require immediate replacement.
How should a buyer react to a home inspection report? Buyers should use the report as a tool for negotiation or as a roadmap for future repairs. Not every red flag means you shouldn't buy the house; it just means you need to know the cost of the fix.
By Evan Sutter, Co-Founder, SwiftReporter