Things to think of when buying an older home

Dated: 08/13/2019

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The first thing that a buyer of a home responds to is whether the home is "dated" or not.  The issues of paint or wallpaper or carpeting may be important but a buyer should not forget the "bones and mechanicals" of the home.  

Inspectors are often hired to give the future homeowner an overview of the condition of the home and its components but may not see everything.  The future homeowner should attend their inspection and listen to the inspector and ask questions.  I stress this because it is the perfect opportunity to learn about your home and how things work.  You are investing into a large asset and the more you know the easier your life will become.

Be sure that your inspector inspects the foundation for cracks, unevenness, dry rot, and moisture.  Foundation issues can be very costly and if it is suspected that there is an issue, it might be wise to hire a licensed structural engineer to further explore the problems. 

Older homes may also harbor knob and tube electrical systems which can be a serious safety hazard and very expensive to replace.  Other issues and older home may have are  friable asbestos  covering the pipes and furnace. Lead paint may also be an issue if it is loose and chipping.  Plumbing systems that are older can have issues with water pressure, leaks and if lead in the water.

On a positive note, Older homes have character, and charm that may appeal to you, the buyer. I hope this gives you some insight into the issues any home not just older homes may have.  A buyer should always look beyond the upgrades to the bathroom and kitchens and learn what make a home "tick". 

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Jane TenEyck

I am a realtor with over 12 years of experience committed to helping my clients with all of their real estate needs. I have an engineering background and use these skills to assure that YOU, my clien....

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