Real Estate Red Flags

10 Red Flags to Look for When Inspecting a Property

Buying a home is a big investment, so it's important to do your due diligence and inspect the property carefully before making an offer. Here are 10 red flags to look for when inspecting a property:

1. Foundation problems: A cracked or uneven foundation is a major red flag. It can be expensive to repair and may lead to other problems down the road.
2. Water damage: Water damage can be a sign of a serious problem, such as a leaky roof or a plumbing issue. Look for signs of water damage, such as mold, mildew, or warped wood.
3. Termite infestation: Termites can cause extensive damage to a home. If you see any signs of termites, such as frass (termite droppings) or mud tubes, it's best to walk away from the property.
4. Electrical problems: Electrical problems can be dangerous and expensive to fix. Look for frayed wires, loose outlets, or tripped breakers.
5. Plumbing problems: Plumbing problems can cause flooding and other damage. Look for leaks, clogged drains, or rusty pipes.
6. Roof problems: A leaky roof can cause water damage throughout the home. Look for missing or damaged shingles, as well as any signs of water damage, such as mold or mildew.
7. Older homes with lead paint: Many homes in the Greater Seattle area were built before lead paint was banned, so it's important to have the property tested for lead paint if it was built before 1978. Lead paint can be harmful to children and pregnant women.
8. Zoning problems: Make sure the property is zoned for the type of use you intend. For example, if you want to run a business out of your home, make sure the property is zoned for commercial use.
9. HOA problems: If the property is part of a homeowners association (HOA), make sure you understand the HOA rules and regulations before you buy. HOA fees can be expensive, and you don't want to be surprised by any unexpected costs.
10. Neighborhood problems: Take a walk around the neighborhood and see what it's like. Are the houses well-maintained? Is the neighborhood safe? Are there any noisy businesses nearby?

Keep in mind that some red flags may be deal-breakers, while others may be negotiable depending on the severity and cost of potential repairs. It is a good idea to always hire a professional home inspector to conduct a thorough assessment, and consider seeking advice from your real estate agent to ensure a well-informed decision when purchasing a property.