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Updated about 9 years ago,
Maintenance estimation ? Hidden issues ?
Hi,
I through buying my first investment property and i have a question regarding estimating the maintenance costs.
After checking a foreclosure house which has been winterized, if my offer is accepted and i get a home inspection are they going to be able to check pipes and all taps while it's winterized ?
My main question is when inspection checks house and give a list of issues that i need to fix, can i later one find some serious issues ? like main water source leakage ? foundation mold ? mold between drywall which been replaced to cover the mold and leakage which was not fixed ? can i have any huge/serious surprises after professional inspector that can cost me thousands of dollars and lose my investments ?
Do inspectors can also give me a rough estimation costs ?
My only concern is buying a house and find a serious issues which cost me for example 30k while inspector/contractor said stuff for 10-20k , can this happen ?
Thanks.