You did it!! You have an accepted offer! After looking for months, being outbid for properties and being turned down, you finally found the house for you. The stars aligned, the moon-cycle was right, and you got that offer accepted. You spend a little time celebrating, have a toast and a nice meal, and talk about where your things will go in the new place. The first matter of business after patting yourself on the back is usually the home inspection. This generally happens within a few days of the offer being accepted, and is a safeguard so you don’t buy a house with major structural, electrical or safety issues. Here’s the thing: home inspections are scary. You end up with a laundry list of ALL the faults there may be in your new house. Some findings are very serious, and give reason to back out of the sale. Often times, however, issues that sound really serious and dire have pretty easy fixes and don’t need to kill the deal. Here are a few of those things.
Visible water damage is super ugly and extremely noticeable. You will see it in ceilings under bathrooms, near corners of the house, or under an attic that may contain a pipe. Your gut instinct will be to ask the seller to repair it. Most times these issues are just cosmetic. You need to make sure the problem that caused this damage has been repaired. This could be ice dams or a leaky pipe, but could be as simple as a kid forgetting to put the shower curtain in the tub. As long as the area is dry now, it will be easy to bleach and paint over the stain itself.
Mold is icky! It may have given us penicillin and cheese, but it is not something you want to hear is thriving in your new home. This is actually a much more common occurrence than you would think. Several styles of homes are prone to growing mold in the attic if the ventilation is inadequate. Don’t freak out and run for hills though! Do you want to go back to going to seven open houses every Saturday and Sunday? I didn’t think so. Most mold is easily treatable. You can merely ask the sellers to have a mold treatment after the inspection. You may also want to look into changing the vent system so it doesn’t happen again.
Asbestos was incredibly popular in building materials for many, many years. If the home you are buying was built before 1980, there is a good chance that you may have some asbestos hide-and-seek to do at the inspection. These tiny fibers can be very dangerous if inhaled, and can cause disease. That’s terrible!! Save yourself! In reality there are a couple of pretty easy fixes for asbestos products in the home. You can either have it professionally removed, or encapsulated. It can be best to leave it where it is, cover it up and not agitate it.
The moral of the story here is that in our current market, you don’t want to come back to a seller with a huge list of demands. If they think that another buyer won’t ask for the same repairs, they may very likely tank the deal and take a back-up offer. So try to focus on a few major issues and remember that all homes will have problems. If it is just a bunch of small or cosmetic things that will cost less than $100 to fix, keep in mind that that is all pretty negligible in the long run. Try hard to not sweat the small stuff, and keep your eyes on closing day!
Do you have questions about home buying or selling? Dustin can be reached at:
Kadilak Realty Group
Keller Williams Boston Northwest
Call or text 617-852-4982