Real estate prices are at a level never seen in recent years. The money to invest could be well placed in the right property. However, buying real estate with the intention of reselling it for profit involves a number of variables that can drastically affect your bottom line.

Today’s real estate market has left many houses empty for long periods of time. A small leak in a pipe, over time, can lead to the formation of toxic mold within the walls of this seemingly perfect home. The harmful health effects of mold, which is a form of fungus, can be dangerous, especially for children. The cost of cleaning, extensive!

Not all problems occur in abandoned homes. How about a wonderfully maintained home for a great couple with two adorable children? The kids enjoyed their baths every night, playing in the tub is a great way for kids to spend their time cleaning up. However, if water continually spills onto the bathroom floor, there is the potential for major damage to the subfloor in this beautiful bathroom.

Check all possible areas for signs of water damage, including the ceiling. Soft spots on the roof or in the attic may be due to roof leaks; another potentially expensive repair. Look closely at all walls and ceilings for any signs of discoloration or “bowing”, which could indicate a water leak. All accessible piping should be examined to ensure that fittings are secure and that there are no signs of leaks. A musty, damp smell under a cabinet could be a sign of a previous water problem. You should be wary of any evidence that you find that indicates that a problem currently exists or may have existed at some point. Improperly repaired water problems can result in more extensive repairs later on. If possible, check previous water bills. Extreme fluctuations in water use could spell trouble, either inside or outside the house. A damaged underground pipe could come at a high cost to excavate, definitely devastating to your bottom line!

A thorough inspection is imperative whenever you are considering a real estate investment, simply because water damage is not always easily detected and has the potential to be very expensive. You can’t always see what’s behind the pretty paint and wallpaper or underneath the beautiful ceramic tiles.

It is your investment and you want to protect it. Once you become the owner of this property, you also become the owner of any and all water issues.

http://www.rightwayrestoration.com