Buying your own property can be hard on your budget. Fortunately, there are old houses that are quite affordable and still durable. With proper care, restoration work and help from the experts, you can find the right formerly owned property to call your home.
Building Inspector – Old houses, especially the ones that have been abandoned for a long while, are likely to be less sound in structure than when they were first put up for sale. Getting a building inspector to look at the property will decrease the chances of you getting a house that will cost a fortune to renovate.
Electricians – As structures become older, installed electrical systems and existing appliances such as heaters and air conditioning units will also become outdated. Also, that second-hand home may already have faulty internal wirings that can lead to fires or sudden power outages. Having an electrician over to do some electrical testing, according to Adam Tulloch, can give you an idea on how much you will spend in reviving the electrical system.
Plumbers – Just like the electrical system, plumbing will also tend to fail as the house gets older. Leaks, rust and clogs will cost you in repairs. Plumbers can give you a rough estimate while giving you advice on the state of the plumbing.
City and News Records – Obtaining records regarding the house and its previous owners may not be required for some home buyers, but it’s always wise to know of the property’s past. Who knows, there may be issues such as ownership, legal issues, deaths, or even a possible haunting. Other than asking the owner straightforward questions, city and local news records are the next best thing.
Even if these experts would be requiring payment for their services, the information and advice they can give can save you from buying a possible white elephant. After all, you intend to live in that house and knowing as much as you can about it is your right as a buyer. Rule of thumb: don’t stop asking questions until you are satisfied.