OfflineWear on a roof may be readily apparent if the wear is very advanced but a roof that is starting to age is a more subtle defect that the home inspector can uncover. Resurfacing a roof costs thousands of dollars, and will cost much more if the existing roofing surface needs to be removed prior to re-roofing. If a roof will need to be resurfaced in the foreseeable future, this may be a negotiable item. Similarly, the siding of the house should be carefully inspected because residing a house can also cost thousand of dollars. Replacement of old defective windows can cost thousands of dollars, don’t overlook this obvious defect. Eliminating problems before they start is smart, for example, the home inspector should be sure that the land around the home is properly graded to divert water away from the home, this will help to reduce the possibility of water intrusion into the home.
If you would like the chance to work with me or one of my fellow real estate investor coaches and our advanced training programs, give us a call anytime to see if Dean's Real Estate Success Academy and our customized curriculum is a fit for you. Call us at 1-877-219-1474 ext. 125
Look out for that old clunker that used to fire coal, it will consume fuel faster than you can feed it; plan on replacing it with a modern efficient heating system. Other problems include defective furnace heat exchangers, this type of problem is not always easy to uncover and usually means that the furnace will require replacement and this can cost three to four thousand dollars. Boilers that are starting to leak will also require replacement and a typical cost is three to five thousand dollars; your engineer should look for these major defects. In addition, your engineer should be sure that the heat distribution is satisfactory and that the heat distribution piping or ductwork is in good condition. Safety concerns such as defective controls, inoperative emergency switches, and evidence of past malfunctions and carbon monoxide emissions must be carefully investigated by the home inspector. Be careful of special problems associated with radiant floor heating and other less common systems.
The engineer should advise you to have underground oil storage tanks tested for integrity; a leaking underground oil storage tank can cause thousands of dollars of environmental damage. Another environmental concern is the existence of insulation that may contain asbestos and is especially hazardous if the material is friable. The home inspector should advise you to have any suspect material laboratory tested.
The home inspection engineer should test the central air-conditioning system to be sure that it is cooling properly; replacement of an air-conditioning compressor can cost two to five thousand dollars.
If you would like the chance to work with me or one of my fellow real estate investor coaches and our advanced training programs, give us a call anytime to see if Dean's Real Estate Success Academy and our customized curriculum is a fit for you. Call us at 1-877-219-1474 ext. 125