The Essential Guide to Identifying Red Flags During Your Final Home Inspection

The Essential Guide to Identifying Red Flags During Your Final Home Inspection

A final walkthrough before closing the deal on a home is crucial to ensure that everything is in order and as agreed upon. While many walkthroughs go smoothly, it’s essential to keep an eye out for potential red flags that could indicate underlying issues. Let’s explore the 12 most common red flags to watch for during your final walkthrough.

1. Uncompleted Repairs

If repairs that were supposed to be completed before closing are not finished, it could be a sign of negligence or a lack of follow-through by the seller.

2. Water Damage

Water stains on ceilings or walls, musty odors, or warped flooring can indicate water damage, which may require extensive and costly repairs.

3. Mold Issues

Mold growth, often indicated by dark spots or a musty smell, can pose health risks and may be a sign of ongoing moisture problems.

4. Pest Infestations

Evidence of pests such as droppings, gnaw marks, or nests could signal an infestation that needs to be addressed promptly.

5. Electrical Problems

Faulty wiring, flickering lights, or malfunctioning outlets could pose safety hazards and may require professional attention.

6. Plumbing Issues

Leaky faucets, low water pressure, or drainage problems could indicate plumbing issues that need to be resolved before closing.

7. Appliance Functionality

Ensure that all appliances included in the sale are in working order, including the stove, refrigerator, dishwasher, and any other built-in appliances.

8. Heating and Cooling Systems

Test the heating and cooling systems to ensure they are functioning correctly, especially if you’re buying during a season when you’ll rely on them.

9. Windows and Doors

Check for drafts, signs of water infiltration, or difficulty opening and closing windows and doors, as these issues could affect energy efficiency and security.

10. Changes in Property Condition

If the property’s condition has deteriorated since your last visit, it’s essential to investigate the cause and determine if it’s something that needs to be addressed before closing.

11. Personal Property Left Behind

Ensure that the seller has removed all personal belongings from the property, as anything left behind could become your responsibility to deal with.

12. Landscaping and Exterior

Inspect the exterior of the property for signs of neglect, such as overgrown landscaping, damaged siding, or issues with the roof or foundation.

What to Do If You Spot Red Flags

If you encounter any red flags during your final walkthrough, it’s crucial to address them promptly. Discuss your concerns with your real estate agent and consider bringing in a professional inspector for further evaluation. Depending on the severity of the issues, you may need to negotiate repairs or credits with the seller or, in extreme cases, reconsider moving forward with the purchase.

Conclusion

A final walkthrough is your last opportunity to ensure that the property meets your expectations before closing the deal. By being vigilant and attentive to potential red flags, you can avoid unexpected surprises and make a more informed decision about your home purchase.

FAQs

1. What should I bring to the final walkthrough?

It’s a good idea to bring a copy of your purchase agreement, a checklist of items to inspect, a flashlight for examining dark areas, and any relevant documentation from previous inspections.

2. How long should the final walkthrough take?

While the duration can vary depending on the size and condition of the property, a typical final walkthrough may take anywhere from 30 minutes to an hour.

3. Can I cancel the purchase if I find issues during the final walkthrough?

Depending on the terms of your purchase agreement and the severity of the issues, you may have the option to cancel the purchase or negotiate repairs with the seller.

4. Should I hire a professional inspector for the final walkthrough?

While it’s not typically required, hiring a professional inspector can provide peace of mind and help identify any hidden issues that may not be immediately apparent.

5. What if the seller refuses to address issues found during the final walkthrough?

If the seller is unwilling to address issues identified during the final walkthrough, you may need to decide whether you’re willing to proceed with the purchase as-is or negotiate a resolution, such as a repair credit or price reduction.