1432 - Avoid Costly Repairs: Don’t Ignore the Red Flags in a Property Inspection by Eric Fernwood

You’ve found what appears to be a great property, and you just received the inspection report. It listed many defects, most of which are typical, and the cost to correct them is well-defined. However, a few items are disconcerting because the report listed symptoms rather than specific defects, such as mold, Kitec plumbing, China drywall, aluminum wiring, roof leaks, settlement, etc. These ill-defined problems are red flags because remediating them is not “fixed.” For example, suppose mold was detected. What would it cost to correct the mold?  Learn more about your ad choices. Visit megaphone.fm/adchoices