For those considering the purchase of a foreclosure or unoccupied home, the market in most areas offers a wide selection of options. Buyers will find everything from pristine, well maintained, “cream-puffs,” to fixer-uppers, and a few “tearer-downers.” The current housing crisis has created buying opportunities for many who were unable or unwilling to pay the inflated prices that existed before the recession. And while some short sales or foreclosures represent true bargains, it’s especially important to have these homes carefully inspected.
A harsh beginning to winter may have severely damaged the plumbing in those homes without functioning heating systems. And while the water supply in most vacant homes may have been turned off, this year’s unusually low temperatures could still have damaged drain lines, plumbing fixtures, and existing water lines. It’s especially important to do a water test on any home under consideration to insure against possible damages that could cost thousands to repair.
A qualified home inspector will help you avoid the hidden problems that sub-freezing temperatures can create and can inspect for other issues such as; mold, damage from ice dams or leaky roofs, or flooded crawlspaces that may be associated with vacant homes. Those considering the purchase of a foreclosure or unoccupied home must confirm that all systems are functional to avoid the potential for additional expense and disappointment.
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