Iffy inspection during due diligence
To preface, I am a first time home buyer. I am lost, confused, and I feel like I have no clue what I'm doing. We're under contract for a seemingly decent home. 3 bed 3 bath, 1900 sq ft in a nice area for 380k. While we can swing the mortgage payment on a house this price, money will be tight. Also, we aren't necessarily in a rush to move, our lease is up in February and if we go through with this house we'll have to break it for about 4k. After getting the inspection back, we're worried repairs will push us over the limit and our quality of life will greatly dip. I will list the inspection findings below, but I'm just looking for some advice on if this property is too risky and possibly reassurance that we'll be okay.
Atic: Roof is leaking badly. All of the decking and the roof need to be replaced. The HVAC unit in the attic has mold on the outside cover, but didn't appear to be inside. We immediately called the realtor who called the sellers realtor who said they were expecting that and are happy to replace the roof and decking. However, now I have underlying concerns about mold, possibly in the insulation.
Kitchen: there is a leak in the subfloor coming from the master bath. Will need a plumber, will need a drywall repair. Previous claim in the kitchen due to a flood from the dishwasher, the kitchen was fully repaired.
Basement: There is a horizontal crack to the foundation going the length of the back wall. Caused by hydrostatic pressure due to negative sloping in the back yard. Will require landscaping to fix. We are getting an inspection of the houses foundation and depending on that a landscaping quote. Of note, the sellers attempted to dig trenches to fix this, however they're in the wrong areas and clearly they themselves dug them. They are just holes and aren't diverting water. The breaker in the basement is made by a company that bought another company who produced faulty parts. Visually the breaker looks in perfect condition. Will need an electrician to make sure.
Backyard: Again, landscaping. One of the condensers in the back is from 2010. Visually looks in good condition. Expect to replace in 5-10 years depending.
Small other expenses: The seller is taking the fridge, I have to buy a new one. The houses siding in the back is warped due to a grill being too close to the house.
Posted Jun 3, 2025, 7:36 AM UTC