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Default Issues with buying a 1900 colonial home?


"Steve" wrote in message
...
My daughter has asked me to look at a house she's considering buying.
An older couple is selling and moving to a retirement home. asking around
$260,000
A couple of things I'm concerned about are the brick foundation with a
dirt floor in the basement.
Someone told her it would be around $5000 to pour cement.
Also two of the room have tin ceilings. anything I should check? I've
never even seen a tin ceiling.

I'll be seeing the house after work this week.

Thanks for any input.

Steve


Pouring concrete is a hefty job. Probably a reasonable cost. OTOH, the
house has lasted 100 years as it is. Tin ceilings were quite common way
back and have a lot of character.

Buying an old house certainly brings potential problems. IMO, you also have
some responsibility with it to maintain the original character. If you plan
to get rid of tin ceilings for something more modern, to get rid of fancy
wood trim for simple cove molding, you should buy a newer house to begin
with.

Wiring, plumbing, insulation should be brought up to modern standards of
course and it sounds like they have been already, especially 200A service.

Brick foundations are fairly common also. If unsure, get a pro to look at
it, but there are still houses around from the 1700's with stone or brick in
good condition.

I hope it works out well for you/them


 
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