Maybe you are a realtor or someone looking for a different and unique type of house. You are tired of the same old, same old look and want to really shake things up. Unique homes can be conversational starters, but there are some things you will want to keep in mind.
Historic Homes
Many people relish in learning and understanding history. Purchasing a historic home could be right up their alley. Historic homes are amazing to talk about and learn the many stories that come along with that kind of a house. However, there are some concerns about purchasing this type of home.
It is difficult to make many changes to the exterior or the interior of the home. You may have to get many of your ideas approved by the historic commission. Trying to secure a permit and go through the whole process could take a long longer than anyone would really care to wait.
If you decide to pursue a historic home, think about what projects and renovations you may want to make to the house after viewing it. Then, check with the historic commission to see what they might envision you being able to do. If it appears as thoug they are going to nix most of your ideas, you may want to opt out of making an offer on that home.
House Inspection
When making the leap to purchase a unique home, chances are it will come with its unique problems. And, that can throw a lot of curveballs your way after you have the home inspected. Be prepared for a lot of unique circumstances that could require a hefty price tag.
For homes like this, you want to make sure you get an inspector that will do a thorough job. Hopefully your real estate agent has people that they work with that they would trust to go through a job like this. You may even want to consider specialized contractors to come in and look as well. You don’t want to leave any stone unturned when purchasing a house out of the ordinary.
Reselling Problems
Undoubtedly, when you spend a lot of time to purchase a home, you hope that it will be your forever home. But, circumstances can change, and you may need to put the house up on the market. You are in the minority when it comes to purchasing unique homes, so you may not have as many people knocking on the door as you might think.
A house like this could sit on the market for an extended period, which could really throw a wrench into your plans. You might be in need of moving quickly for employment purposes or other situations that you can’t wait around for. This can be a costly problem that might not be in your financial budget.
Unique Homes Overseas
Perhaps you are looking to move out of the country. Compared to what many houses look like around the states, the homes overseas are very much different than here. Check out examples at rumah dijual murah for some examples of cheap homes located in Indonesia. There are also other examples found at 5 Countries Where Real Estate is Extremely Cheap.
Even though the houses may be relatively cheap and unique, you still need to proceed with caution and make sure this all fits your financial planning. Different countries have different standards for their houses and some may be a lot more lax than around here. If that’s the case, you end up purchasing a house that is going to require a lot of work on your behalf. If that’s something you want, then this would be a cool adventure!
Famous Homes
Saying that you own a house by a celebrity or someone else famous in history can be really awesome. Seeing a tour bus come by your house five times a day can grow old...fast! You never know what baggage may come with buying a famous home. People will be trying to get pictures of it anytime they have the opportunity. This invasion of privacy could cause a lot of problems for you and your family.
It could be difficult to have functions at the house as well as enjoy the quiet moments that many homeowners enjoy. The allure and mystique of owning a famous home could vanish very quickly.
Landscaping Concerns
Ever drive by a mountain and see a house isolated all by itself on the mountain? Ever think how amazing that would be? To have the opportunity to have tons of privacy and breathtaking views every single morning sounds like a dream come true.
As houses get older, they could start to run into geological issues that could really hit hard on your budget. Having your home awkwardly set up on unstable ground also causes a safety concern that you will have to constantly monitor. You certainly may luck out and never run into any serious geological issues, but if you do, be prepared for what it will take to make it structurally safe and sound.
Insurance Liabilities
One of the first questions that you should ask the sellers is what their home insurance costs are. Homes that are unique could be a challenge for getting affordable insurance. Insurance companies must protect their own liability, so they may be hesitant to insure your home. This is certainly an area of concern that you will need to address before signing your final paperwork.
Risks and Rewards
In the end, you will know what the right move for you is. There is definitely some amazing curb appeal to purchasing unique homes, but you just need to do your homework ahead of time to make sure it is right for you. You don’t want to get caught in a situation that you will have a difficult time getting out of. If everything checks out to your satisfaction, consider yourself the proud owner of a unique house!
Comments
You can follow this conversation by subscribing to the comment feed for this post.