Buying a home is a significant investment, so it’s important to know what to look for during a home tour. Some issues are easily fixable, but others may cause more serious problems over time. As you’re looking for the right home, there are some red flags to be aware of.
In this article, we’ll highlight 10 red flags when buying a house and what Seattle-based Redfin Agent David Palmer advises. Whether you’re touring homes for sale in Seattle, WA, or looking at condos in San Diego, CA, learn what red flags to look for before making an offer.
1. Foundation issues
One of the most critical aspects of any home is its foundation. “The main thing is going to be the foundation,” says Redfin Agent David Palmer. “I’m looking for horizontal foundation cracks [in the basement] first. If I see those, it’s an immediate stop—you’re going to need at least a foundation expert to take a look at that.”
On the other hand, vertical cracks aren’t necessarily as concerning. However, if the cracks are large enough to fit a coin or similar-sized object, then make note of it. Palmer continues, “I’m not as worried unless it’s large enough that I could stick a coin into it. Then you really need to get a foundation expert out there as well.”
Foundation repairs can be extremely expensive, so identifying issues early can save you from unexpected costs in the future. If you’re concerned about any foundation issues, ask your real estate agent for their opinion or schedule a foundation inspection.
2. Water damage and mold
Water stains on ceilings, walls, or floors can be a sign of leaks or poor drainage. Untreated water damage can lead to additional problems such as sagging ceilings or mold. Mold, especially in basements or bathrooms, is another indicator of moisture issues that could lead to long-term structural damage and health concerns.
Always check for musty odors or visible mold spots, as they can signal a costly repair in the future. Easy…