Notes when buying an old house
Find and buy back the old house then renovating and remodeling is considered by many to be a great choice for those who are not financially well off. This not only helps buyers save money but also can unleash their creativity and bring new spaces according to personal preferences.
And if you are thinking the same thing, know that, in reality, problems related to home maintenance or repair costs are expensive but most of the time no one will tell you. That is, of course, also the reason for this article.
5 costly problems when buying an old house
Finding and buying old houses and renovating and remodeling is considered by many to be a great choice for those with limited financial resources.
If you’re planning to buy a second-hand home, it’s a good idea to understand the issues that can cost you a lot. According to experts, those are the following 5 things:
1. Mold status
Kerry Sherin, an employee at the financial firm Ownerly (USA), said that a mold test can help you identify mold growth – which is not always present during a regular home inspection. often. If there is a problem, you should renegotiate with the seller so that you do not have to spend money to deal with mold in the house.
In the absence of experience, it will be difficult to know what to look for, where and how to locate the source of the problem. Accordingly, you can hire someone to check for a price of 6 – 21 million VND/time and take 2-6 hours to complete.
“If there is a problem, it may cost you an additional 21-71 million dong (or more) to remove the mold on the wall. At this point, if you negotiate in time and properly, the seller will The house will have to pay this cost, not you.Kerry Sherin said.
2. Check the foundation of the house
If you find out and negotiate in time and in the right way, the seller will have to pay for this cost, not you.
The condition of a house’s foundation can become unstable over time, says Sherin. Some signs can include: cracks in the wall, subsided floors, cracked floors, …
“Engineers will help you conduct a detailed inspection and analysis of foundation problems and their causes. If the condition is really bad and needs to be repaired, then the cost can be high. up to ~500 million VND.
Smaller errors, the amount to be spent will be less, in the range of 80 – 250 million VND.Sherin added.
3. Plumbing problems
This is one of those problems that is not easy to spot. You may need to dig up and replace the new drainage system, which can cost homeowners up to about 200 million VND for these problems.
Drainage problems can be caused by tree roots, collapsed pipes, cracks, improper slopes, or many other causes.
Please note, many technicians are often in the habit of performing this checkup as an additional service because they often think lightly. However, it is these types of sewer pipes that can cause blockages and damage to the pipe system, leading to many other problems.
4. Current condition of the ceiling or roof
When determining the condition of the roof, ask the seller for documentation regarding the roof/ceiling. From there, you can not only gather information about the condition of the roof/ceiling, including its age, materials used and manufacturer, but you can also determine if it is still protected. act or not.
“Even if it’s not brand new, a good quality roof can come with a 20 or 30-year warranty, which can help reduce costly repair problems for buyers.” – Chris Haro, Senior Real Estate Specialist at Keller Williams Realty Hilton Head.
5. HVAC System
On average, replacing an HVAC system (heating, ventilation and air conditioning) can cost you up to more than 170 million VND.
Therefore, you should request regular inspection, as this is a way to maintain this system more durable and safe, and less expensive.
According to apartmenttherapy
at Blogtuan.info – Source: Afamily.vn – Read the original article here
