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Good luck. I love old houses but they are time and money sinks.
Don't be afraid to make it liveable over time. Most people are lazy and want turnkey. This is your edge as a bidder.
You can fix anything besides water damage imo. Moisture is expensive to remediate.
From my walkthrough it didn't seem to be any water or foundation issues. The only big thing is its knob and tube electrical and had ancient plaster walls which the current owner took out but then couldn't afford to replace. I can afford to get the electrical fixed and will slowly redo the walls over the next year.
What I'm really worried about is a mold issue I didn't detect in the hour or two I was looking at it originally...
If you're already planning on redoing the electrical you're already planning for one of the "worst nightmare" scenarios.
Foundation stuff would be a problem, roof stuff could be an issue, if you're already dealing with ripped out walls, I would expect you probably would see any big mold issues.
Good luck!
Keep the walls down until the wiring is done you will save yourself some coin
lowkey I like the look. It's still lathe left on some of the walls and it's very beautiful to me.
Modern materials are soulless. A lot of people will buy historic homes and the first thing they do is rip out the old windows, or replace the plaster with drywall, then they're shocked when the character of the house completely changes.
You can teach yourself to plaster as well, it's not that hard. It won't come out perfect but imperfection is part of the charm. There's a good channel on YouTube for this called See Jane Drill I think
Edit:
I found a YouTube link in your comment. Here are links to the same video on alternative frontends that protect your privacy:
Foundation issues too
I got lucky this year because our union got us a big bonus and I got lucky with state down payment assistance. But going through another round of inspections and this and that is going to really put a hole in my savings.
I cant give you any tips but I hope you find what you are looking for. Good luck.
That's awesome! Get an inspection, I've seen a lot of horror stories over the last couple of years (even personal ones) where people are pressured to skip an inspection to land a deal, only to discover some real harry problems afterwards.
Get two if you can, especially if the first inspector was recommended by your realtor. An inspector who gets work from a real estate agent is going to have an incentive not to jeopardize the sale, lest they not get called for the next one.
On top of that little bit of misaligned motivation, of the three home inspections I've had none of them found things that ultimately ended up being problems. The most recent move I did the inspection myself, wrote up a little list with pictures, and got the seller to fix most of it right up.
The OP is a first time home buyer and I wish them luck! Home ownership takes work even with the the best kept home. I just hope they take heed and go into it eyes wide open and we'll informed as possible.
Good luck! Make sure you make your HOA useless!
I live in a rust belt inner city those don't exist here :p
Hell yeah
i have done one of these things before so if you need to know anything or have any questions let me know
Did the same thing two years ago--also in an older house that needed some work. As long as all the fundamental things are good (foundation, roof, etc.) are good, anything else can get fixed a little at a time. Definitely get your own inspection though, and be willing to walk away if there's anything really serious wrong and the seller won't fix it. The whole process is really scary and overwhelming at first, but don't let them pressure you. You can always walk away until you sign. Good luck!