CTeBockhorst's Blog

The Mortgage and Real Estate Scoop

  • Home
  • About
  • Blog
  • Resources
    • Calculators
    • Download My eGuide Today!
    • First Time Buyer Tips
    • First Time Seller Tips
    • Loan Checklist
    • Loan Process
    • Loan Programs
    • Home Appraisal
    • Home Inspection
    • What to Expect at a Loan Closing: A Step-by-Step Guide
  • Apply
  • Reviews
    • Read My Reviews
    • Zillow Reviews
    • Leave a Review
  • Contact
You are here: Home / Archives for Real Estate Tips

Buying an Older Home? Watch Out for These 3 Key Flaws That Could Spell Trouble

October 27, 2017 by Coleen TeBockhorst

Buying an Older Home? Watch Out for These 3 Key Flaws That Could Spell TroubleAre you a fan of homes with a bit more character than newer, modern designs? Whether in pristine condition or more of a “fixer upper,” older homes are incredibly popular in cities across the country. However, there are some key factors to consider if you’re thinking about buying a home built decades ago before modern standards were enforced.

Let’s take a look at three key design issues that you will need to be aware of if you’re thinking about buying an older house.

Old Electrical Designs Can Be A Significant Fire Hazard

No matter when a home was built, it’s almost guaranteed to have electrical wiring running through walls to supply rooms with lighting and power outlets. However, if the wiring was run in decades past it may be with older cords that are less able to withstand a modern workload. A quick check of the circuit-breaker panel or fuse box and the wires leading from it can give an idea just how old the wiring is. As older designs can be a fire hazard, you will want to ensure the wiring is up to date.

Poor Plumbing Design Can Lead To Rot Or Worse

Plumbing can also be an issue in older houses – especially those in states that experience a cold winter. Water pipes tend to expand and contract due to temperature, which can lead to stress and leaks over time. Moreover, even though older pipes are typically made of metal, they can still wear out. The last thing you need is to wake up to a flooded basement, so be sure to have the plumbing professionally inspected.

Is The Roof And Insulation Strong Enough?

While the roof might look solid from the outside, it may not be as well put together on the inside. Even the smallest of holes or leaks in roof membrane can wreak havoc on the structural integrity of the roof. It’s worth spending some time in the attic to inspect the inside of the roof, the condition of the insulation and how well the entire structure is holding up.

While the above list might sound a bit scary, it isn’t meant to turn you away from buying an older character home. If you’re diligent in checking out the home’s history and invest in a professional inspection, you’ll stay safe. When you’re ready to explore a mortgage for a character home, contact your trusted mortgage professional.

Filed Under: Home Buyer Tips Tagged With: Buying a Home, Home Buyer Tips, Real Estate Tips

« Previous Page
Next Page »

Contact Coleen

Coleen Tebockhorst

Coleen TeBockhorst
coleen.tebockhorst@citywidehm.com

Senior Loan Officer

Call me! (612) 701-8512

NMLS #274205

Download My Mortgage eGuide today

CW Home Mortgage logo_White

Guaranteed Rate, Inc. DBA Citywide Home Mortgage

Categories

Our Location

10591 165th St. West
Lakeville MN, 55044

Connect With Me

This site is not authorized by the New York State Department of Financial Services. No mortgage loan applications for properties located in New York will be accepted through this site. Operating in the state of California as Guaranteed Rate, Inc. D/B/A Citywide Home Mortgage. If you are a California resident, please review our Privacy Policy to learn more about the categories and business purpose of personal information we may collect and your right to opt-out from the sale of personal information.

Applicant subject to credit and underwriting approval. Not all applicants will be approved for financing. Receipt of application does not represent an approval for financing or interest rate guarantee. Refinancing your mortgage may increase costs over the term of your loan. Restrictions may apply. All information provided in this publication is for informational and educational purposes only, and in no way is any of the content contained herein to be construed as financial, investment, or legal advice or instruction. Citywide Home Mortgage does not guarantee the quality, accuracy, completeness or timelines of the information in this publication. While efforts are made to verify the information provided, the information should not be assumed to be error-free. Some information in the publication may have been provided by third parties and has not necessarily been verified by Citywide Home Mortgage. Citywide Home Mortgage, its affiliates and subsidiaries do not assume any liability for the information contained herein, be it direct, indirect, consequential, special, or exemplary, or other damages whatsoever and howsoever caused, arising out of or in connection with the use of this publication or in reliance on the information, including any personal or pecuniary loss, whether the action is in contract, tort (including negligence) or other tortious action.

Coleen TeBockhorst NMLS ID: 274205 Copyright © 1998-2025 Guaranteed Rate, Inc. D/B/A Citywide Home Mortgage. All rights reserved.

For licensing information, go to: www.nmlsconsumeraccess.org.

NMLS License #2611 – 3940 N Ravenswood Chicago, IL 60613. (866) 508-5515. Equal Housing Lender.

Licensing | Privacy | Terms of Use

Copyright © 2025 · Powered by MySMARTblog

Copyright © 2025 · Genesis Sample Theme on Genesis Framework · WordPress · Log in