Wednesday, June 6, 2018

4 Real Estate Red Flags Your North Shore Home Inspection Could Miss

When shopping for homes on Chicago's North Shore, you'll likely be distracted by home features like updated kitchens, bathrooms, and even the size of the yard. You won't necessarily be looking for red flags like flaws in the roof or foundation and even when you get to the inspection, there is a chance the inspector could miss them too!

Below are four real estate red flags to spot when shopping for homes on the North Shore:

Structural Issues
Luckily, when it comes to roofing structure and foundation, an inspector does know how each should look and can point out when there might be a problem. However, when it comes to how bad the problem is or how much it will cost you, you will need to consult a structural engineer.

HVAC Problems
Your heating and air conditioning system may be working well on the day of the inspection and fail the day you move in— you just never know! The only way to know if there is a real problem with the system is to bring a proper HVAC specialist to the property who can assess any issues. However, it may ultimately be a gamble as to purchasing a new unit and hiring an HVAC contractor; the two can cost relatively similar amounts.

Electrical Disruptions
Depending on the age of the home, the inspector may find electrical wire and connections that have failed or will need to be replaced. They will point these out to you in their report, but they will not always know the source of the problem or how much it will cost to repair. You will need to bring in an electrician to find the answers.

If a property's water has been turned off for some time, the leaks may have dried for now, but once the water is running, they will return. Remember that the inspection cannot possibly identify all problems if they are not present on the day of, so the only way to spot leaks prior to the sale is to check drains in spots like under cabinets.

As your North Shore real estate expert, it is up to me to help you find the best property and make the best decision for your real estate goals. Give me a call today for more information about homes for sale in Glencoe, Winnetka, Highland Park, Northbrook, Deerfield, or the surrounding areas!

I look forward to hearing from you!

Janie Bress
Your North Shore Real Estate Expert

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