3 Knoxville Home Inspection Issues That Cause Transactions To Fall Apart

Before you buy a Knoxville home, you need to get a home inspection. A home is a large investment and you want to be sure you know what you’re buying.

Oftentimes, homes can harbor deeper issues than what a buyer can spot with an untrained eye. A home inspector can offer you a closer look at the home that you’re buying and identify any large issues.

Some inspection issues are large, while other issues are easily fixed. Here are 3 Knoxville homes inspection issues that often cause transactions to fall apart.

Structural Issues

Oftentimes, when a Knoxville home inspection finds structural issues, it can be an immediate deal killer.

The foundation of your home is what ensures the strength of your home is sound. A foundation must remain strong in order to keep the rest of the house standing properly. Unfortunately, when damage occurs to the foundation, it can hurt the overall integrity of a home and cause a whole slew of expensive issues.

During a home inspection, an inspector will point out if there is water damage or cracks present in the foundation. While a home inspector cannot tell you the gravity of the damage, they’ll point you in the right direction by suggesting you have a professional look at the foundation.

Foundation issues can be expensive to fix, which is why they are oftentimes a deal killer. In addition, many buyers will opt to walk away from a home with foundation issues.

Water Damage

When water damage is found in a home inspection, depending on the level of damage, it can be another reason transaction fall apart.

If a basement fills up with water every time it rains or if water drains towards a home’s foundation, these issues can lead to costly problems. Water issues can lead to major foundation issues or  mold issues inside a home.

These issues are not something that many buyers will take lightly depending in the levity of the damage, a buyer may decide to walk away from the transaction.

Roof Issues

When a home inspection finds issues with a roof, it can be costly to fix. Issues with a roof can make buyers very leery of a home, since a roof isn’t something that can be cheaply replaced.

When a home inspector notes in a home inspection report that a roof may be nearing the end of its life, the inspector will often suggest a professional comes out and inspects it. Depending on what a roofing professional finds, a roof may need to be replaced entirely or there may just need to be a few areas that need to be fixed.

Regardless, if there are red flags about a roof, buyers will often want to run the opposite way. Even if a roof still has a few good years left, buyers will be leery, since they will be the ones footing the bill for a new one just a few short years down the road. And, oftentimes, sellers who are on their way out of a home may not be willing to fork over the money to get the issue fixed.

Bottom Line: You Win Some, You Lose Some

Unfortunately, some home inspection issues are just to grave that it’s best to walk way from the home. Unless a seller is willing to make the necessary repairs, oftentimes these issues can cause a deal to fall apart. And, even then some buyers may just decide to walk away altogether.

Are you thinking about buying a home this year? Please let Knoxville Home Team know if there is anyway that we can assist you in your Knoxville home search. Rick can be reached at 865-696-9002 or via email at [email protected]. Kati can be reached at [email protected].

Also, be sure to check out our Knoxville Home Search Page to see what homes are for sale in the area.