Check points, before going for an house which is more than 30 yrs old


Jump to Page:
< Previous  [ 1 ]    Next >




peacock1   
Member since: Jul 04
Posts: 1040
Location: Woodbridge

Post ID: #PID Posted on: 11-02-19 11:01:15

Hi Cd friends,
Can anyone help in outlining, the main factors, prohibiting to go for an house more than 30 years old.


-----------------------------------------------------------------
mor

Whenever you experience joy, peace, security, equanimity or purity, it is only because you are aligned with ALMIGHTY.


MITRON   
Member since: Sep 17
Posts: 249
Location:

Post ID: #PID Posted on: 11-02-19 11:35:38

Quote:
Originally posted by peacock1

Hi Cd friends,
Can anyone help in outlining, the main factors, prohibiting to go for an house more than 30 years old.



- Roof
- Basement
- Furnace
- Water Heater

Thoroughly check these. Don't buy such a house without a professional, reliable and honest house inspector. It won't cost you more than $500 but it Will be the best money you spent.

Any offer you put on the house, keep it conditional to FINANCING and HOUSE INSPECTION. So if these 2 things fall through, you are not bound by the sale and won't face penalties like losing your DEPOSIT etc.

Usually old houses are also not too energy efficient, and people like ENBRIDGE have free programs to upgrade the insulation, leakages, air draft, caulking of doors and windows etc for old houses, so you heating bill in winter or AC bill in summer is 30% - 40% less.



peacock1   
Member since: Jul 04
Posts: 1040
Location: Woodbridge

Post ID: #PID Posted on: 11-02-19 12:48:38

Hello Mitron,
Thanks for the promt reply, do you have any references of such, house inspectors?


- Roof
- Basement
- Furnace
- Water Heater

Thoroughly check these. Don't buy such a house without a professional, reliable and honest house inspector. It won't cost you more than $500 but it Will be the best money you spent.

Any offer you put on the house, keep it conditional to FINANCING and HOUSE INSPECTION. So if these 2 things fall through, you are not bound by the sale and won't face penalties like losing your DEPOSIT etc.

Usually old houses are also not too energy efficient, and people like ENBRIDGE have free programs to upgrade the insulation, leakages, air draft, caulking of doors and windows etc for old houses, so you heating bill in winter or AC bill in summer is 30% - 40% less.





-----------------------------------------------------------------
mor

Whenever you experience joy, peace, security, equanimity or purity, it is only because you are aligned with ALMIGHTY.


MITRON   
Member since: Sep 17
Posts: 249
Location:

Post ID: #PID Posted on: 11-02-19 21:22:01

1.

http://www.canadianpropertyinspections.ca

2.

http://www.4sightinspections.com

Both have good reviews. Usually for at least 4 hrs they will be on site and give you a detailed PDF report.

The second guy - 4sight also has prices listed on his webs for detached, semi-detached, townhouse, condos etc.

Get a quote from both and then go with the one who you think is most professional and reliable.

Don't try to save a few bucks. 400 bucks is nothing in the grand scheme of things.

DeTACHED Houses go for almost a million bucks these days in GTA. The potential future repairs could be into thousands of dollars, if you buy a lemon. Just new shingles on your roof can cost $ 10,000 +.

Heck even condos are going for half a million thesedays!





Jump to Page: < Previous  [ 1 ]    Next >

Discussions similar to: Check points, before going for an house which is more than 30 yrs old

Topic Forum Views Replies
Places to buy house
Life 2167 1
Business Perspective - House or Rooms to rent
Real Estate & Mortgages 1752 2
guidance needed
Articles 1658 0
Advice needed - buying a new house
Real Estate & Mortgages 2888 2
Basement Apartments ( 1 2 )
General 2541 9
Advice needed for buying a house in Toronto
Real Estate & Mortgages 2661 2
looking for feedback
Real Estate & Mortgages 1689 1
How to Buy Rental Property ( 1 2 3 4 )
Real Estate & Mortgages 8746 22
Brampton/Mississauga, why the cost difference
Real Estate & Mortgages 2521 3
House for resale by bank ( 1 2 )
Real Estate & Mortgages 2806 9
Power of attorney to sell property.
Ask Immigration Expert 2042 1
Attn: Financial Planners: Selling Vs. Renting Out House In Pakistan ( 1 2 )
Financial Planning 2618 7
How does this works out - House + Investment Property ( 1 2 )
Real Estate & Mortgages 2664 8
Gas - stove for house
General 1644 2
looking for friends in Calgary / Sherwood NW area
Networking 1379 0
Home security ( 1 2 3 )
General 5151 16
Buying House without PR
Real Estate & Mortgages 1522 3
Electrician
General 1669 6
Insulation in the Attic
Life 1176 2
Using home equity for Real estate
Real Estate & Mortgages 1562 3
CMHC INSURANCE
Real Estate & Mortgages 1299 3
Buying a house ( 1 2 )
Real Estate & Mortgages 1534 7
Legal fees- Buying & selling house
Real Estate & Mortgages 2200 4
PDI - Buying new house from a builder
Real Estate & Mortgages 2218 6
Check points, before going for an house which is more than 30 yrs old
Real Estate & Mortgages 2342 3
 


Share:
















Advertise Contact Us Privacy Policy and Terms of Usage FAQ
Canadian Desi
© 2001 Marg eSolutions


Site designed, developed and maintained by Marg eSolutions Inc.