My wife and I are looking at buying a fixer that is a pretty sweet
deal, bank owned. The existing fixtures, however, were not caulked at
all (and in one case, carpet runs up against a shower).
The end result is some fairly significant water damage to the
baseboards, including damage to a ceiling below (a 2" diameter whole
in the ceiling). We're going back to inspect tonight, before
conditionally placing an offer (which would of course be conditional
on what a home inspector says as well).
Being relatively inexperienced regarding water damage, could anyone
tell me what to look for? We're going to be replacing all floor
coverings if we indeed buy this home, and replacing base boards is not
a problem. Drywall is not a problem either. The floors seem solid as
well, when prodded - just water damage.
This home is located in Washington State, in a moist area as well. Is
dry-rot something to be very concerned about? We would, of course,
have an inspection beforehand.
Any help is greatly appreciated!