I looked at more than 20 houses yesterday. Of the places I saw, there is one (1) I liked enough to consider making an offer.
For anyone who maybe didn't know this already, buying a home is a pain in the ass. There's a whole different language spoken in the real estate world. Not to mention a slew of important considerations that were of little to no concern when looking for apartments. I've been apartment hunting enough times to be able to tell a good layout form a bad one, but when it come to some of the more subtle nuances one should look for when buying I have a lot to learn.
How old is that furnace? These windows look like they need to be replaced. What is the condition of the roof? How much are the taxes? It looks like there's some water damage in the basement. What's that, the siding is giving way on the corner of the house?
Fortunately, price cures everything. Unfortunately, price cures everything.
1 comment:
hmmm, don't forget the final independent inspection... My dad owns some single family properties that he rents out, and when he was in the process of buying them... low and behold during the inspection, alot of places he looked at had "hidden damage" so to speak (i.e damage to foundations, water damage, etc...) Not to scare you Patriot Dave, but just be careful... This is the usual bit with older houses.
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