Buying a home? Make sure the basement is dry

Buying a home is supposed to be a fun process. While this is typically the case, there are times when homebuyers are surprised to learn of a problem once they move in. One of the most serious problems is a wet basement.

How can this happen if the seller is required to disclose this? While this may be a requirement, it doesn't mean the person will actually do so. In fact, he or she may go out of one's way to hide the problem in an attempt to make a sale.

If you are in the market for a home, make sure you spend plenty of time in the basement before placing an offer. Furthermore, read the disclosure in great detail. Along with this, be sure to have a home inspector take a closer look. You may overlook signs of water damage that a professional can pinpoint.

The first thing you need to do is determine what is causing the dampness. Is it a leak from the outside through the foundation? Is a window or door to blame?

A wet basement can affect your home, budget, and health in a number of ways. This is why you need to know what you are getting into before you purchase a home.

Unfortunately, there are times when people purchase a home with the idea that the basement is dry, just to find that this is not true. If this happens, you should pinpoint the problem and then decide what to do next. You may be able to go back to the seller for compensation.

Source: Triad, "Buying a Home with a Wet Basement? Know This First," accessed Dec. 23, 2015