Ricci Partners, LLC

Schedule A Consultation: 504-304-7115

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504-304-7115

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Buying a home can be complex, especially if it’s an older house

| Dec 2, 2019 | Real Estate Transactions |

With the prevalence of remodeling shows on television and the growing popularity of buying homes to fix them up, it is no surprise that more people are considering the purchase of an older home. Old homes can be unique and offer things newer homes cannot, but they can also come with a host of problems as well. When buying a home that is more than 15 or 20 years old, there are several things a buyer will want to do to protect his or her interests. 

First, a buyer is going to want to check the roof. In Louisiana, weather can take a toll on a home, especially long-term exposure to wind and rain. Buying a home with a roof that needs to be replaced or repaired can be very expensive down the road. It’s also worthwhile to check on the plumbing. It is especially common in older homes to find clay pipes, which can degrade and roots can grow through them over time. 

Two other factors to consider is the integrity of the wiring in the home, especially if it’s older. A buyer is also going to want to make sure there is no lead paint in the home. Lead paint is toxic, and it can impact any changes a person wants to make his or her own. If there is lead paint, mitigation and removal by a professional may be necessary.

Buying a home is an exciting step, but there is reason to be cautious when moving forward. When buying an older home in Louisiana, a person will want to make sure that he or she is also not buying problems as well. This is one reason why it can be helpful to have the experienced guidance of a real estate attorney from the very beginning of this process.