Things to Look for When Buying an Older Home
The challenges of buying an older home depend on how well the current owner has maintained and updated
the home. While a home inspection is an important part of any home sale, it is especially important with an
older home. Here are some common problems to look for…
- Are there any foundation or structural issues?
- How old is the roof and what condition is it in?
- What is the condition of the windows and window sills?
- If the home was built before 1978, be sure to check for lead paint.
- If the home has been remodeled, ask to see the building permits.
- Check for any evidence of termites, bugs or rodents.
- Check the age of the furnace and air conditioning systems.
- Check for any outdated electrical and plumbing.
- Check for asbestos in homes built before the 1970’s.
- Check the home’s insulation, because many older homes have little or no insulation.
- Lastly, what is the condition of the walls and floors?
If you’re planning on buying an older home, hire a home inspector who has experience with older homes –
and make sure the purchase agreement contains a contingency clause requiring a home inspection.