This to look when buying an old villa
Purchasing an old villa is a daunting task- one needs to check many things to invest in it. Old villas are surely more charming, but with time, it also carries issues in its foundation or other aspects and poses problems to the residents. While one is attracted to older homes that scream character, they can turn out to be money pits and give endless frustration to the residents. As such, before investing in an old villa it is necessary to evaluate the following factors at first to strike a profitable deal of villas in Marathahalli:
Foundation of the Villa: An old villa often has foundation issues like a weak foundation which is pretty difficult and quite expensive to fix. When a person is looking for an old villa property, one should leave the bedrooms as well as the living rooms to the last. The crucial thing to inspect is the house and the foundation. One should check the foundation build for any cracks or signs of shifting. Also an inspection and test for any molds from the top of the house to bottom is essential. This can be a good warning of weaker foundations. If found, these issues require immediate fixing in detail by an efficient home inspection service and a builder. For the old villas with cracks in foundation, it is better to leave that and move onto the next option in the list.
· Electrical wiring: Many old villas have the original wiring intact which are outdated or may pose as a potential fire spread hazard – if it is located nearer to the roof where it is covered by insulation. In case of villas with outdated wiring, it is necessary to acquire a detailed quote of all costs involved in the replacement and to get it fixed immediately. The replacement is expensive and should be carried out by an experienced and certified electrician.
· Plumbing Issues: An old villa may have leaky and old pipes, mineral build-up issues or even corrosion in different places. The buyer should inspect these carefully and look for exposed pipes and see their condition and working. Mineral build-up can be noticed in the water from a running tap or shower.
· Building Report: Before finalizing on the old villa property deal, one should hire a reputed Property Inspector to inspect the property and provide a good building report. While a builder is also designated to do this, it is advisable to get a certified and professional builder to get the report. A building report is not just a feedback or review of a property but it is a detailed report of all the aspects of the villa. A building report is useful in terms of sale and purchasing agreements. To finalize the villa property deal, it is essential to hire a good advisor to fix the deal. One shouldn’t rely completely on any report, a vendor or a real estate agent. This is important and helpful to invest the hard earned money in a good old villa.
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