below was published in the July edition of the Sun-Times and Pioneer
it better to invest a little more now and know the home is under
warranty or roll-the-dice and hope the water heater and roof still
have a few good years left in them? Can you live with avocado
green shag carpeting in the bathroom and 1970s silver-foil wallpaper
in the dining room? Can you count on a "buyer disclosure"
statement or are you better off having a warranty from a homebuilder?
to Gary Monfeli, also known as the Home Inspection Man,
buying a new home takes the guesswork out of buying a home.
not what you see in a used home that tends to be the problem,
it's what you don't see," said Monfeli, whose Plainfield-based
business inspects an average of six homes a week. "When a
problem arises, today's "weekend warriors" try and fix
or patch the problem themselves. Without the work of a professional,
a problem that seems to be fixed can be brewing for months or
even years before it creates a larger problem. Buyer disclosure
statements do little to protect new homeowners because it's extremely
difficult, if not impossible, to prove that a previous homeowner
had knowledge of a problem - especially if the prior owners fixed
says most homes, if structurally sound, will not require major
repairs until about the 10-year mark.
at 10 years a sump pump usually will need to be replaced and at
15 years the furnace and water heater, maybe the air conditioner.
On average, these items can cost the homeowners upwards of $3,500
or more to replace," Monfeli said. "While many buyers
purchase older homes and overlook the out-dated cabinetry, flooring
and appliances, they soon realize how costly and timely those
items can be to replace. The last two homes I've purchased have
been new. The way I see it, I know what I'm getting and, more
importantly, I know who is accountable if I have a problem."