Is the Building I'm Interested In Too Old?
July 30, 2015 — My lawyer is warning me that, because of the building's age, I should look elsewhere. Should I?
Every building has problems, but sometimes older buildings are built better. New construction techniques and methods are proven to be less effective compared with old ones. Inspections and due diligence are very important tools to make proper decisions. Some of the things to look out for are electric wires, plumbing, treatment for termites and other bugs, lead paint, energy-efficient windows, and the heating and air-conditioning systems.
Sami Najjar is a partner at Sandra Greer Real Estate.