A home inspection costs $300-500 but can save you from $50,000+ in hidden problems. Here are the 10 most serious red flags that should make you walk away or negotiate aggressively.
Top 10 Red Flags
- Foundation cracks wider than 1/4 inch
- Active water intrusion in basement
- Knob-and-tube or aluminum wiring
- Asbestos-containing materials
- Roof with less than 5 years remaining life
- Active termite damage
- Mold in HVAC system
- Polybutylene plumbing
- Unpermitted additions or modifications
- Radon levels above 4 pCi/L
Don't skip the inspection to win a bidding war. In today's buyer-friendly market, you have every reason to insist on thorough inspections.