A home inspection is an essential step in the home-buying process. It can help identify any potential issues with the property before making a purchase. However, not all home inspections are created equal, and some may uncover problems too severe to fix.
In part two of our series on red flags to walk away from after a home inspection, we’ll discuss when to walk away from a home inspection and what a home inspection report should include.
When to Walk Away from a Home Inspection
While a home inspection can reveal some minor issues that can be easily fixed, some serious problems may cause you to walk away from the property altogether. Here are a few red flags to watch out for:
- Structural Issues: Structural problems can be costly to fix and, in some cases, may make the property unsafe to live in. If the inspector finds issues with the foundation, roof or walls, it may be time to walk away.
- Mold or Water Damage: Mold and water damage can be a sign of larger issues, such as leaks or poor ventilation. If the inspector finds mold or water damage in multiple areas of the home, it may be a sign of a more significant problem and could be too expensive to fix.
- Electrical Issues: Electrical issues can be extremely dangerous and should not be taken lightly. If the inspector finds issues with the electrical system, it may be best to walk away.
- Plumbing Problems: Plumbing problems can be costly and may be a sign of larger issues, such as a faulty sewer line. If the inspector finds plumbing problems, it may be time to re-evaluate the property.
- Pest Infestations: Pest infestations, such as termites or rodents, can cause extensive property damage. If the inspector finds evidence of a pest infestation, it may be too expensive to fix and not worth the investment.
What a Home Inspection Report Should Include
A home inspection report is a detailed document that outlines any issues found during the inspection. It should include the following information:
- Summary: The report should include a summary of the inspection findings, including any major issues that must be addressed.
- Property Details: The report should include details about the property, such as its age, condition, and location.
- Inspection Details: The report should include information about the inspection, including the date it was conducted, the inspector’s name, and the inspection company.
- Major Issues: The report should include any major issues found during the inspection, such as structural issues, electrical problems, or plumbing issues.
- Minor Issues: The report should include any minor issues found during the inspection, such as a leaky faucet or a loose doorknob.
- Safety Hazards: The report should highlight any safety hazards found during the inspection, such as exposed wires or a faulty smoke detector.
- Photos: The report should include photos of any issues found during the inspection, as this can help you better understand the severity of the problem.
To Sum Up
A home inspection is essential in the home buying process, but it’s important to know when to walk away from a property. Structural, mold or water damage, electrical, plumbing, and pest infestations are all red flags that may signal it’s time to re-evaluate the property. Additionally, a home inspection report should include a summary of the inspection findings, property details, inspection details, major and minor issues, safety hazards, and photos to help you better understand the property’s condition. By being aware of these red flags and what a home inspection report should include, you can decide whether to purchase the property.
AEI Inspections offers reputable home inspection in Tulsa. We have over 30 years of experience in home inspection and structural engineering. Get in touch with us.
