When you buy a house, there are a series of checks plus balances to make sure you get what you spend our savings for.
- There is a real estate agent, loan agents, insurance agents, plus everyone has paperwork to ensure everything is perfect, then however, when you buy a condo at an auction, all bet are off! You might get a piece of property for a few hundred bucks, plus who knows what you might find there? But there are no checks plus balances, plus once you spend our savings the money you own it no matter what the condition is.
I knew it was a crapshoot when I bought the old house, but really aside from the lack of an Heating, Ventilation, plus A/C plan the locale is in enjoyable shape. The greatest troubles with these old houses are the plumbing plus the weather conditions control systems. If the pipes are bad, then the locale might be too much trouble to bother fixing up, but the same is not true of the weather conditions control system. I have come to expect that the older locales will either have no central Heating, Ventilation, plus A/C plan at all, or have one so old it has to be unlinkd plus upgraded; Compared to the logistical nightmare of replacing all the pipes, replacing a central Heating, Ventilation, plus A/C plan is relatively simple. I don’t even bother looking at the central Heating, Ventilation, plus A/C plan before I buy a locale, because I just believe that it isn’t any good. If a condo is a enjoyable investment, then paying a few grand for a current weather conditions control plan is not a major expense.