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Things to Consider When Buying an Older Property to Avoid Risky Deals

I want to buy an older property? What do I have to watch out for so that it doesn’t become a risky deal?

I have the opportunity to buy a house from the 1980s. It appears to be well maintained and minor renovations have been made such as replacing the windows. What things should I pay special attention to? And how do I keep some leeway when it comes to financing the mortgage?

Sasa Vranjes.

The energetic condition of the property is very important not only because of the current energy shortage. It also gives you information about the construction quality of the house. From the heating and ancillary costs of recent years, you can derive how well the property is insulated and how efficiently it can be operated. If there is a need to catch up here, you should budget for this and examine the options for using pension funds or a later mortgage increase.

2023-05-04 13:48:27
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