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Green 10 month s ago
Check to see if there's a breaker panel or an actual fuse box not a deal killer but if the panel is that old there are probably other problems like asbestos insulation on the furnace. I looked a a house, saw the fuse box figured ok I would need an electrician to come in an replace plus check the rest of the wiring. Then I saw the hard fabric looking insulation on the furnace ducts, walked right out and got in my car and left. One out of 2 would be expensive but doable, both no way not me...
       
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"One of the first things I look at before I view the house is the MLS. In my area we have a 17-day average on market. Some houses will sell in less than 10. Some may sell in 23. Once it hits 30-plus days, it is a huge red flag to me. There are multiple reasons why a home won’t sell. It could be a bad shape home, greedy sellers, or simply a bad-at-marketing agent. But again, if I see 30-plus days, I become more skeptical."

 

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Buyer Beware: Spotting Red Flags In Real Estate Ventures
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