Originally Posted by mazzybear
Everything in the house was fine except for the basement. Its 110 years old, so yeah....this is what the inspector found:
Moisture in the basement
No cold air return duct system
Furnace is 23 years old
Hot water heater is in need of replacement
Cast iron sewage pipe has a bit of leakage around a fitting, not major leakage though.
We are in love with the house, the roof, siding on the home and garage are new. No issues in the upper floors of the house, or in the attic. No mold. No issues with anything else, just some minor things.
He estimated around 10K to have the above issues fixed.....and there is a home warranty offered that covers all of the above items, but we don't have the terms of that coverage yet, whether they will repair or replace , and so on.
Any thoughts, sure I have lots of thoughts. About your possible purchase? Well, my main concern would be where is the moisture coming from that the inspection found? What will the warranty cover when you find the mold and other issues that the moisture has procreated. If an inspector estimates a number for replacement, double it. And who hired the inspector, you or the Realtor. I would suggest hiring your own inspector, get an unbiased 3rd party evaluation of the structure and proceed with caution.
When cast iron gets to the point of a little leakage its no little problem, I speak from experience.
And welcome to House Repair Talk.