Navigating Home Inspections: A Buyer's Guide to Uncovering Hidden Issues

Don't let your excitement blind you to these potential problems in a home your considering buying
Feb 21, 2024

Spotting potential problems in a home is crucial for any prospective homebuyer. While a property may seem perfect at first glance, underlying issues may not be immediately apparent. These issues could range from water damage to foundation problems and even troublesome neighbors.

Here are some key indicators that can help you identify potential problems before making a purchase:

Water damage is a common issue that can have serious repercussions if left unaddressed.

Water stains, whether on walls or ceilings, may indicate leaks and serve as breeding grounds for mold. Home sellers may attempt to conceal water damage with strategic decoration or staging, but homebuyers can spot this by looking for signs such as odd odors or visible wall cracks.

Asking about recent paint jobs can also provide insight, as fresh paint may be used to cover up water stains.

Older homes, especially those built before 1975, may have used oil for heating, leading to potential contamination of the soil if oil tanks were present.

Homebuyers should inspect the backyard for small fill pipes, which could indicate the presence of an underground oil tank. Additionally, inquiring about the home's heating history can help uncover any potential issues related to oil tank contamination.

Foundation problems are another area of concern for homebuyers.

Uneven paint jobs around door frames or windows may signal underlying foundation issues, which can be costly to repair. Cracks in the walls, particularly around these areas, should be carefully inspected as they could indicate structural problems.

Neighborhood nuisances, such as noisy neighbors or disruptive pets, can significantly impact the livability of a home.

While sellers are obligated to disclose such issues, some may attempt to downplay them during showings. Homebuyers should take the time to explore the neighborhood at different times of the day to get a better understanding of the area's atmosphere.

Temperature imbalances within a home may point to poor insulation or unauthorized construction.

Homebuyers should pay attention to any noticeable shifts in temperature between rooms and inquire about the home's insulation and construction history.

While purchasing a home is an exciting milestone, it's essential to be vigilant and thorough in the inspection process.

Investing in a professional home inspection, despite the additional cost, can provide invaluable peace of mind and potentially save buyers from costly repairs down the line.

Need more homebuying advice you can trust? Let's connect! We're always available to assist and offer obligation-free home financing guidance.

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  1. Specialized VA Knowledge

    • VA loans have unique requirements (COE, residual income, funding fee calculations, appraisal requirements).

    • A contract processor experienced in VA loans can spot potential issues early and streamline the process.

  2. Cost Savings for Lenders

    • No need to hire full-time staff; processors are paid per file.

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  3. Faster Turn Times

    • Contract processors often work remotely and are paid per closed file, so they’re incentivized to move loans quickly.

    • They can push COE requests, follow up on VA appraisals, and ensure VA-specific forms (26-1880, 26-8923) are completed on time.

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