To be safe for human habitation, homes need to be properly maintained. Homes that are not properly maintained may be plagued by plumbing leaks, electrical problems, structural damage and more.
Homes that have a lot of deferred maintenance can decrease in value, because many home buyers are reluctant to purchase a home with serious deferred maintenance. If your home has a lot of deferred maintenance, you may have a difficult time selling your property. Here's what you need to know.
Why Deferred Maintenance Is a Problem
Small problems become large ones when they're not addressed in a timely manner. Plumbing leaks are one of the best examples of how a minor problem can become significant in a short period.
Plumbing leaks can cause wood in the…