When buying an older home one needs to make sure that the electrical wiring has been updated to conduit and it’s not cloth wrapped wiring as this can and does break down over time and can lead to house fires. The other thing to watch out for is to make sure there’s no asbestos present in the house as this was a very common pipe insulator in the 1920’s through the 1940’s. The last thing to look out for is a leaky basement. It’s only in the last 25 to 30 years that it became common to install drain tile and sump pumps in basements. Houses older than this quiet often have minor seepage through the basement walls and up from the basement floor.
Other than the above buying and older home can be great as they have a lot more charm and character than the newer homes of today.
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