Getting a home inspection is critical before buying a new property — not just to properly assess the home you’re investing in, but also to gauge the labor and costs it will take to get the home up to speed. This is especially important if you plan to rent out the property or flip it to another buyer.
Knowing how to read your home inspection report is vital as well. While you don’t need to understand every little nuance, it’s important that you can spot the deal breakers — defects that will cost loads of time, money, and effort to fix (or, in some cases, may even be unfixable).
Are you preparing to invest in a new property? Want to make sure you’re not getting a lemon (or losing out on ROI)? Then look out for these five deal breakers.
Fixing deep foundation issues is no cheap feat — and it’s time-consuming, too. If your inspection reveals potential foundation issues — things like cracks in the brick or…