avoid money pits

How to Avoid Money Pits When You Buy a Home: Be on the Lookout for these 6 Warning Signs That Could Mean Expensive Repairs...

Avoid money pits when you buy a home or you could be in for costly and unexpected repairs.

Many people think that serious defects in a home are easy to spot, but the truth is, often the most serious and costly problems can only be detected upon very close inspection. When you are considering buying a home, look for the following six telll-tale signs of serious problems…


Leaks are the most common problem with roofs, and are tough to detect from outside. However, from inside an attic, you can often see water marks where there is a leak.

2. plumbing system

Make sure you are confident that both water systems: the one that brings fresh water in and the one that takes the sewage out are functioning well before signing on the dotted line.

3.Electrical Systems

Before you agree to buy you should make sure that you can run all of the appliances you want to and even power tools at the same time without having a power failure. You also want to make sure that the electrical system is safe and does not present a fire hazard. 

4. Heating and cooling systems

Be sure to thoroughly inspect the heating and air conditioning systems in any home you are considering purchasing

5. Bad paint and signs of rotting

The paint inside and outside the house can reveal a lot about the condition of the underlying material. Check several places on several walls, using your eyes and screwdriver for poking.

6. cracks and other important signs

Cracks in walls, doors not closing properly and uneven floors can all be signs that there is a problem with the foundation. If the foundation is not strong, the entire house could literally collapse, so you should carefully check for these signs. A bad foundation may not mean imminent disaster, but it could be used to bargain for a lower sales price, or you could ask to have the owner repair it before the sale.

If you’re in the market to buy a new home, let’s chat! I can be reached at 647-896-6584, by email at info@serenaholmesrealtor.com or by filling in this simple contact form. For plenty of great tips, news, info and resources, connect with me on social and make sure you’re subscribed to my YouTube channel.



serena holmes


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