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What To Consider Before Buying An Older Property

What To Consider Before Buying An Older Property

What To Consider Before Buying An Older Property

What To Consider Before Buying An Older Property
Brooksville FL Example of an Older Home image

Whether it’s the character and charm of an older home with its original features, hardwood floors, and wood burning fireplace, or the quaint historic feel of the neighborhood in which it is found, there is a certain appeal to older property.  But purchasing an older home may involve additional work and costs that a newer home may not.  With a little research and preparation, however, you may find that purchasing an older property may be the right decision for you.  Here are a few things to consider before making an offer on an older home..

Age Of The Home

Depending on where you live, an older home can mean 30 years to 300 years.  Naturally, this is the first point to consider when deciding whether an older home is right for you.  The age of the home, the foundation, and the roof can make a big difference in the type of maintenance it will require, how frequently things may need to be replaced, and the difficulty and expense of replacing them.  You will also want to know what kinds of materials were used in the construction of the home.

Age Of The Features

Older homes can sometimes have very old features and appliances lurking within them.  Be sure you consider whether or not you will have to replace the kitchen appliances and be sure to ask when features such as the furnace were last replaced.  The age of the home you are looking to purchase may also mean that your decoration budget will have to include costs that you might not have originally anticipated.

Importance Of Home Inspection

The importance of getting a home inspection cannot be understated when purchasing any home, but when in the market for an older home this is a step that should also be done with the utmost care and by a true professional.  A home inspection can find problems that are more common in older homes, such as electrical and plumbing issues.

Knowing what you are getting yourself in for when purchasing an older property can make all the difference in finding a home that is right for you.  Older homes can certainly be a rewarding purchase, and if you recognize the maintenance costs and any potential renovation costs you will be prepared to make your new house a home.

John Warner

John Warner

I am a Real Estate professional and understand that buying or selling a home is more than just a transaction: it’s a life-changing experience. That’s why I provide exceptional, personalized service for all my clients. I take great pride om the relationships I build and always work relentlessly on the client’s behalf to help them achieve their real estate goals. In my role as a Realtor® Consultant, I will listen to your requirements and develop a plan of action based on your time frame and needs. I have experience selling new construction homes, single-family homes, duplexes/villas, multi-family homes, (pre-foreclosure) short-sale homes, investment properties, and First-Time home buyers! As a Realtor, I will consult and provide market evaluations of any of your Real Estate inquiries. I will utilize social media & Internet Marketing to find your next property and sell to gain the most exposure. Working as a team, we can achieve your goals, and working together will make the process as seamless as possible. As a Realtor, I will successfully guide you as a home buyer or seller through selling and purchasing properties. Here are a few items that I will be performing as your Realtor to keep you in compliance with laws and regulations. Generate lists of properties compatible with buyers' needs and financial resources. Coordinate appointments to show homes to you as a prospective buyer or arrange appointments to show your home as the seller. To establish a positive flow of communication with other agents, buyers, sellers, mortgage officers, title personnel, and attorneys involved in the home buying and selling process. Present purchase offers to sellers for consideration and negotiates contracts on your behalf. Coordinated property closings, overseeing the signing of documents and disbursement of funds with the Closing agent. Over the last ten years, I have continued to learn with each transaction and professional education training through the National Realtor Association and our local Greater Tampa Realtor association to give you the best service! I know the following designations or certifications: ABR® The Accredited Buyer's Representative (ABR®) designation is for real estate buyer agents who focus on working directly with buyer-clients at every stage of the home-buying process. AHWD At Home With Diversity® (AHWD) is a NAR certification program designed to present a picture of the changing face of the real estate industry. Since 1998, the At Home With Diversity® program has prepared over 20,000 REALTORS® to work effectively with and within today's increasingly diverse pool of homebuyers. GRI Earning the Graduate, REALTOR® Institute (GRI) designation is a way to stand out to prospective home buyers and sellers as a REALTOR® who has gained in-depth market knowledge, increased proficiency in a broad array of subjects to enhance professionalism and business success. MRP The Military Relocation Professional (MRP) certification is for real estate professionals working with current and former military service members. SFR The Short Sales and Foreclosure Resource (SFR®) certification are for REALTORS® who want to hone the skills that will allow them to help buyers and sellers of distressed properties. SRES The Seniors Real Estate Specialist® (SRES®) designation is for REALTORS® who want to be able to meet the special needs of maturing Americans (Active Adults) when selling, buying, relocating, or refinancing residential or investment properties. SRS The Seller Representative Specialist (SRS) designation is the premier credential in seller representation. It is designed to elevate professional standards and enhance personal performance. Staying up to date with the most current information available and earning my Commitment to Excellence (C2EX) from the National Association of REALTORS® empowers REALTORS® to evaluate, enhance and showcase their highest levels of professionalism. It's not a course, class, or designation—it's an Endorsement that REALTORS® Earned can promote when serving clients and other REALTORS®. I love to explore new restaurants and communities in the area. Since I have moved here from Grand Island, NY, the growth in the Tampa Bay area has simply been amazing and truly named correctly as the Sunshine State.I look forward to working with you as your Realtor® in the Tampa Bay area. I support several local charities.
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