How To Avoid Buying a Property Lemon

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There are a few big things to look for when it comes to a home. Things like…

  • Cracks in the foundation or crack in the corners of rooms
  • Erosion in the yard 
  • Bad smells
  • Rotting or rusting anywhere
  • Standing water where it shouldn’t be
  • Mold or water damage on ceilings 

These big items are definite deal breakers, but there are also some smaller items to be aware of when trying to determine if the house is a safe bet, or a money pit in the making. A good inspector can help you pinpoint these issues:

#1 Electrical Work

Electrical is a big deal. Especially in older homes. Flickering lights or switches that don’t work are a red flag that there might be more work to be done.

#2 Leaky Faucets

If water systems aren’t working well it could mean multiple things. Have your inspector check the sinks, tubs, toilets and showers for leaky faucets or rusted drains. Also check outside to see if there is any flooding, as it could mean bigger issues like a sump pump or backwater flow problem. Even low water pressure could indicate a bigger issue. So check everything!

#3 Mold

This is a big (and expensive) problem and can be very dangerous. Have your inspector look around carefully to see if anything comes up.

Picture of Paulette Stark

Paulette Stark

I work with buyers and sellers in the Chicago and Suburban areas who are looking to fulfill their dream of buying, selling or investing in real estate. I’ve been a realtor for over 20 years and have served numerous families to date. If you are looking for a Realtor who will help you buy or sell your property, I’d love to work with you! I have the passion to help others, the education and experience.

CHICAGO SOUTH SUBURBAN

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