If you've found an older home you wish to buy, it is important to have a plumbing inspection performed prior to making a final decision on the purchase of the property. Here's why.
To know the general condition of the entire plumbing.
Residential plumbing systems comprise a while raft of components, including water pipes, drain pipes, sewer lines, as well as all sorts of water- and gas-carrying fittings and fixtures required to make a building truly functional. Perhaps the most important reason to have a plumbing inspection carried out on the house you're considering buying is so you can know the general condition of the plumbing system.
By having a plumbing inspection performed before making any down payment for the purchase of the house, you can rest assured knowing that all vital components of the plumbing system will be checked for damage and signs of general wear and tear. Some of the things that your plumber should include in your plumbing checklist are the water pipes running in walls or basement, toilets, sink drains, water heater, drain pipes, main sewer line, etc.
Any problem identified with your plumbing components will be brought to your attention so you can know what plumbing issues you will inherit from the current owner of the home. As your plumber reveals what plumbing issues they found after performing the inspection, keep in mind that it is perfectly normal for older homes to have a few minor problems here and there with their plumbing.
As long as existing plumbing issues only require minor repair and they haven't yet caused serious structural damage to the property, they shouldn't be a deal breaker.
To haggle down the asking price.
Once you have established that the plumbing issues found on the house you want to buy are minor and can be fixed, you can now sit down on the discussion table with the seller of the property to bargain down the price they are asking for. For price negotiation purposes, your plumber can give you a quote for the plumbing repair work that will be required to take the home's plumbing back to its heydays.
If the seller isn't willing to have the necessary repairs performed themselves, then they should at least be willing to give you a price discount on their initial offer.
No matter how charming or solidly-built a home looks, underlying plumbing problems can significantly decrease its value. Exercising due diligence before purchasing an older home is critical to ensure you make the right investment, so make sure you hire a professional plumber to inspect the home you're considering buying before putting money down on the property.