Solar Panel Sellers
Should We Buy Older Home?
My wife and I are thinking about buying a 44-year-old home. The home appears to have been well taken care of but due to the nature of the soil in Mississippi, the house has had foundation repair by a stellar local company with a lifetime transferrable warranty. Today when I went to tour the home, I was informed that some termites had been found, exterminated, and the damaged was being repaired as I was there. The seller is throwing in some nice extras with the home such a Solar Panels and a surveillance system. Should these past problems throw up a red flag?
IF you like the home, and the price is right, put a bid in. Make your bid contingent on a home inspection and if no major problems show up on inspection you should be fine.I think in most cases that older homes that have been well maintained are better constructed than newer homes.
Make sure that the termite company bonds their work and contract with them to maintain treatment after you buy the home.