When purchasing an older home, these costs can multiply quickly. Furnaces, roofs, electrical systems can all constitute potentially expensive repairs. Prior to closing on a property, it is important to conduct a home inspection , even if the seller has disclosed all known defects. Then you can negotiate terms with the seller on who will cover the cost of the repairs. Additionally a home warranty will provide new homeowners with additional peace of mind.
Curb appeal means that homes are well-maintained and look attractive from the street.
Avoid purchasing the most expensive house on the street, as well as anything unusual. These homes are generally not considered the best investment. The less expensive, more moderately sized home on the street is considered to have the best investment potential.