Six Problem Areas to Watch When Buying a Home

If you've got your eye on a house, of course you'll want to look it over carefully, but you may not know exactly what to look for. Here's a guide on how to be like a home inspector, and learn how to spot potential problems.

Good home inspectors are trained professionals who can walk through a property and assess within an hour whether a home is a beauty or a beast. When the time comes, make sure your potential purchase is checked out from roof to basement by one of these skilled specialists.

But what about before that point, when you're just at the open house or the Realtor is showing you around? Can your untrained eye spot potentially serious problems in a quick walk-through?

"There are plenty of obvious problems that you can see beforehand," says Rich Lee, a home inspector based in Sonoma, Calif. "Your first clue is to walk down the street looking at the neighboring houses first. Are they in good shape? Is the landscaping taken care of? Is the paint still bright? These facts will give you an idea of how the previous owners handled maintenance in comparison with their neighbors." ...