an older property

What to Look For When Buying an Older Home

Things to look out for when viewing an older property.  

The charm of an older home can be so appealing to buyers. It has a history, a unique past, and has stunning finish details. Even if the home appears to be well maintained, you will need a thorough inspection to find out if there are any hidden issues lurking in the older property. When you’re thinking of purchasing an older home, consider these important items.

  • The condition of the foundation

Historic homes were typically built with thick stone foundations. While stone is generally strong, the mortar used between the stones may not be that strong. Mortar deteriorates over time, which means that the home could be a lot weaker than it looks.

  • Mechanical systems

Some older homes have what is called knob and tube wiring. The trouble with this type of electrical wiring is that the paper insulation around the wires doesn’t last. When the insulation wears away, the wires are exposed, creating a potential fire hazard. Your home inspector can identify pipe material easily, and check the condition of the mechanical systems.

  • Framing

Older homes often have a lot of wood, possibly heavy timbers, as framing. Although this can look great, the inspector should check for any termite or post beetle damage. Insects can wreak havoc on a home and are notoriously difficult to get rid of.

When you are looking to purchase a home, make sure you enlist the help of Andraya Coulter to find the best home loan to fit your needs and your budget. I assist California and Texas with all their home loan needs.  Contact me to get started today!

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