When you list your home for sale, there are many steps that must take place before you can officially hand the keys over to someone else. You have to find a buyer, the home needs to be appraised, inspected and papers need to be signed. Throughout the process, there are some things that can come up and bring the sale to a grinding halt. JMark Inspections is here to talk about some issues that can come up in the home inspection that will do just that.
Asbestos in Old Homes
Many people know that asbestos is a substance that carries steep health risks with it including cancer. This is why it isn’t used in the construction of homes anymore. However, if the home you are trying to buy was built before 1975, there is a chance that asbestos was used in the roofing materials, sealants, siding and tile work. When asbestos hasn’t been disturbed, it isn’t a problem. It can simply be covered by other protective materials that will keep it contained. When it is found crumbling around pipes and other places, it is a real health concern and the sale of your home can come to a screeching halt.
Underground Oil Tank Buried on Land
Any older home built between 1930 and 1990 could have a big secret found beneath the ground on the property. Some of these homes have old oil tanks that have been buried. If the oil tank has been dealt with properly, it can stay there with no problem. The seller should have proof in paperwork showing the work was done. The buyer still may say they want the tank dug up before they will proceed with the home. The biggest problem with these old oil tanks is the risk of them leaking. They can cause big problems that could cost tens of thousands of dollars to fix. This is especially true if the oil tank is leakage is coming into any close contact with the water system.
No one wants to deal with a home that has mold issues. Mold will put a complete stop to most financing when it is found in an inspection. If a home has black mold inside its walls, this is a true health concern and can be expensive to fix.
Termites in House
Depending on the severity of a termite infestation, it can mean big problems when you are trying to sell a home. This can be a large expense to fix the issue and can leave the home not structurally sound. Many lenders will stop financing when termites are found on the property.
Residential & Commercial Home Inspections in Pasadena, Pearland, League City, Sugar Land, The Woodlands, Conroe, Friendswood & Greater Houston, Texas
If you are getting ready to sell a home, you may decide to have a pre-inspection done so that you know what you are up against and no surprises pop up once you are under contract with a buyer. JMark Inspections can give you the peace of mind needed with our inspections services. Call us today!