A Loft inspection conducted by a professional is a typical part of the process of buying a Loft. It’s an opportunity to evaluate the property and understand any issues that may need to be addressed. Sometimes the inspection uncovers problems that can be repaired. But how do you know which problems are minor issues and which ones are deal breakers?
If you uncover any of these flaws, they could be potential red flags that may make you reconsider your purchase.
If your inspector alerts you to some electrical problems in the Loft, you should pay attention. Faulty wiring is a common cause for residential fires. While some issues, like reverse polarity, are relatively easy to fix, some may not be. How many electrical outlets are there? Is the wiring up to code? Find out if the issues you’ve encountered will be costly to repair or dangerous if left as-is.
If you’re buying an older Loft, it could contain lead paint. This can be especially concerning for families with young children as lead paint can cause serious developmental problems if ingested. It can also be expensive to have lead paint removed.
Along with lead paint, if the Loft was built before 1989 it may contain asbestos. Asbestos must be removed by a professional and can also be a costly repair.
Old HVAC system
A standard part of the Loft inspection process will include the heating, ventilation and air-conditioning (HVAC) system. The inspector should be able to tell you how long the condenser should last based on the serial number. Most condensers last up to 15 years. Anything older than that will require replacement in the near future.
Be sure you get information from the inspector about any water damage found on the property and find out what the potential causes may be. Is it possible the basement could flood, or are there rusty pipes that need to be replaced? Is the surrounding land properly graded so that water flows away from the Loft and not to it? Any water pooling near the foundation can cause cracks over time, which could lead to expensive repairs.
If you’re in the process of buying a Loft, be sure to carefully consider any issues that come up during the inspection. If you encounter any of the red flags listed above, you’ll need to decide if you’re willing to take on the headache and expense of what could turn into costly repairs down the line.