New houses come with warranties. Older homes should be evaluated not just on their selling price but on the quality of the entire property. Look at the useful life of the air conditioner, heater, water heater and more. What about that plumbing? The wiring can be old and in need of repair. How about that fence?
Is the foundation in good condition even with tree roots growing up to the house? We discuss some key things to compare from house A to house B. Sometimes there is a reason why a house is priced lower than others.
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