On a recent home inspection I spent about 6 hours going through the home and recording observations.\u00a0 The home checked out very well – a beautiful, well maintained home that any family could enjoy.\u00a0 Near the end, I began to investigate the retaining walls around the property – these are big, expensive things to repair or replace.\u00a0 All the retaining walls were covered with ivy, so they were not visible.<\/p>\n
Looking closely, the retaining wall along the entire back of the property was leaning in toward the back yard – it ranged from 6 to 8 feet tall.\u00a0 Turns out, all the retaining walls around the entire back and side yards were leaning.\u00a0 Removing some ivy revealed some significant\u00a0cracks.\u00a0 Investigation over top of the back wall revealed a neighbor’s driveway right up to the top of the wall.<\/p>\n
Long story short, this retaining wall was failing and would need replacing sometime within the coming decade.\u00a0 Do you know the cost of replacing a 6 to 8 foot tall retaining wall?\u00a0 This would include\u00a0removal and replacement\u00a0of the neighbor’s driveway.\u00a0 Hmm.\u00a0 A liability just waiting for money.<\/p>\n
Your due diligence on a property you want to buy is very important.\u00a0 For every story of a home flipping millionaire, there are many stories of purchases made that don’t work out so well.<\/p>\n","protected":false},"excerpt":{"rendered":"
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