worries of buying a home
Ok, my husband and I looked at a house over the weekend. I thinks its the perfect deal, 5 bedrooms, 3 full bathrooms, 2,888 sq ft, newer deck, brand new water heater, roof is 10 yrs old. Apparently house was gutted and remodeled inside but isnt completely finished. Seller disclosed that previous owner heavily insulated the house, theres not drafts, windows are newer - double pane, previous owner was electrician and all wiring was put in over last 5 years. It's on 0.65 acres, asking price is 65k, seller is willing to do a rent to own at 495/mo for 36 mo then finance the rest. Is this a good deal? I think so, however my husband is being Mr. Negative. Saying "the "electrician" could have not done the wiring to code and the house will catch fire". It has been on market for almost 2 years and he says "its because its over priced and there's too much work to do" (its in Sidman, Pa). Basically, I am looking for some professional opinions that I can show my husband to help ease his mind. My mother sells real estate and I know a good bit about it myself. I know the factors that go into appraising a house and this house doesn't have a whole lot going against it other than the fact that the inside needs some work to make it livable (new carpet in upstairs, minor floor repairs downstairs, & paint) and some rooms need finished yet.