You find a home that you and your family absolutely love. You’re just about ready to make an offer, but then a routine home inspection reveals signs of past water damage. Could this cause more problems in the future? Should you abandon the home altogether? There are a few important things to consider before following through with the deal.
Water damage can cause mold, rot and more.
If it isn’t properly remediated, water damage can cause lingering issues for years. Homes that have been water damaged may be more prone to mold and mildew growth, for example. They may also require structural repairs if the damaged was extensive enough to cause beams and joists to rot. Be sure you have a clear understanding of the extent of the damage and the work that was done to repair it before you think about buying the home.
It can also bring down the value of a home.
If water damage isn’t properly assessed and repaired, it can also significantly reduce the home’s resale value. If you’re willing to negotiate for repairs, or make the repairs yourself, you may be able to use this to your advantage as a buyer. On the other hand, if you don’t want to invest that kind of time and money in the home, you’re probably better off looking elsewhere.
The damage isn’t always immediately obvious.
Some signs of water damage, such as mold growth and drywall stains, are pretty easy to spot. Others, like the effects of water damage on a home’s electrical system, require a trained eye to identify. If you notice superficial signs of water damage during a walkthrough, a home inspection may reveal more serious underlying issues as well. Be sure to have the home inspected by a professional before making a final decision.
Want to make your dream home won’t turn out to be a money pit? Give us a call or contact us online to get your quote with First Choice Inspectors today!