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Things to Consider When Buying an Older House

by Dianne Drinkwater 06/21/2020

Photo by Wulfman65 via Shutterstock

When you’re thinking about purchasing a home, an old house versus that new one is something to ponder. If you’ve thought about buying an older home, consider each of these areas before making an offer. Have your agent write contingencies into your contract, and by all means, don’t forego an inspection.

Consider HazMat

Say what? A lot of folks don’t realize that over the years, materials routinely used in homebuilding fall out of favor and become potential issues when you decide to renovate or remodel your older home. Some examples of hazardous materials are:

  • Lead pipes. Once used for standard plumbing, even sealed lead pipes can eventually allow toxic lead to leach into your water. Replacing all the plumbing in your home is an extensive and expensive process entailing removing floors and walls, tearing out concrete, and digging up landscaping. Before making an offer, have the water tested for lead.
  • Lead pipes aren’t the only problem. Older homes often have lead paint as well. Although it may be painted over with a non-hazardous paint, if paints chip and reveal the older materials, you might be exposed to higher concentrations of lead than you realize.
  • Asbestos. Homes built before the 1980s often had asbestos in the ceiling texture and insulation. Removing asbestos is an expensive side cost to any renovation. In addition to interior asbestos, many homes have asbestos siding and roofing materials that require HazMat removal as well. If the existing materials remain in place, there’s no law against them, but if you disturb them to install an addition or reface your home, they require proper mitigation.

Structural Challenges

A common issue with older homes is damage to the foundation from years of shifting ground, water seepage and expansion, and improper additions. When more weight sits on a home, from a new roof installed over the top of the old one, for example, the extra weight puts stress on bearing walls and the foundation. Footers exposed to erosion from running water might not continue to carry that weight. You won’t notice it at first, but eventually, you’ll find yourself repairing cracks in the plaster more frequently. An experienced home inspector will detect potential problems, so pay attention to the inspector’s report about potential, future issues with a home.

Lastly, older homes have long-term exposure to pests. Termites, carpenter ants, and other wood-damaging pests can hide their damage from you, but an inspector knows where to look. Along with disclosure of asbestos and lead issues, insist on pest control mitigation in your contract for an older home. Let your agent know how old a home you’re willing to purchase to avoid these issues.

About the Author
Author

Dianne Drinkwater

Dianne is a full time, full service, state licensed Realtor®, member of Northeast Florida Regional Association of Realtors® (NEFAR), St. Augustine/ St.Johns County Board of Realtors, National Association of Realtors® (NAR), Florida Association of Realtors® (FAR), and Northeast Florida Regional Multiple Listing Service And St. Augustine/St. Johns (MLS), Shearwater Certified, and Military on the Move Designation.

She provides a unique blend of leadership, sales acumen, project management, technology, and world class customer relation skills to enhance Watson Realty Corporation's values in the real estate sales and mortgage marketplace. She is a decisive take action solution-oriented professional with 25+ years of progressive business experience who efficiently utilizes technology to improve results. She has lived in the St. Augustine/Jacksonville area since 2005 and has seen the area continue to flourish and stays well informed of future growth plans within Northeast Florida. 

Let's take a look at the lighter side of Dianne. She loves life is artistic loves music, the arts, yoga and genealogy! She loves to explore and hates to be bored. She loves the outdoors, especially plant life and wildlife. She has been a Master Gardener in Florida and Maine; as a photography enthusiast she has the eye to spot the perfect shot, which spills over to the photos she makes of the properties she markets AND frequently hires the best specialized real estate photographers/drone and videographers who make the difference in the sale. And, she loves to share her knowledge of the local real estate market and all aspects of the process to guide you through each step as a coach rather than a salesperson. 

So, let's sum it up. Buying or selling your home is an important life decision. Reasons can vary greatly from change of lifestyle, to relocation or life challenges. You need someone you can trust, count on, respect and help shoulder the stress, anxiety and time commitment involved. Doesn't this sound like someone you want working for you? 

So, what's the next step? Contacting Dianne of course. It is all about YOUR needs, goals, timeline and DREAMS! She's here to help you achieve them and she looks forward to hearing from you. 

What are you looking for in a Realtor? - Someone who will really listen to your wants and needs? Someone who will expertly market your home until the SOLD sign adorns your front lawn or if you are a buyer tirelessly researches your wish list to find that perfect home? - How about someone who will always be honest, holds ethics in high regard as a realtor, who works aggressively to get you the best price for your home and someone who knows the market? 

Selling or buying a home is a partnership with your trusted advisor- Dianne Drinkwater