There is an historic home that DW & I were trying to buy 2 years ago. It's in the process of getting fixed up. The person who bought it is looking to sell it and wants us to come by and take a look at where they are and what needs to be done still, etc.
They got it approved on the national register. DW loves it. I really like that fact that she loves it, and I'd be happy in the house. However, for me it would really cause me to reconsider, pulling the plug on steady income until we were in the house and comfortable with the new monthly burn rate and all the expenses. The house would end up replacing super nice travel. We would plan to sell it when we are older and the house needs another caretaker.
The home was built in the 1750s. We've never owned an old home before. I've done lots of reading about it.
Is there anything that the standard articles don't cover that someone with real experience has run into? Is this a gamble? I don't want to be going in a year.
They got it approved on the national register. DW loves it. I really like that fact that she loves it, and I'd be happy in the house. However, for me it would really cause me to reconsider, pulling the plug on steady income until we were in the house and comfortable with the new monthly burn rate and all the expenses. The house would end up replacing super nice travel. We would plan to sell it when we are older and the house needs another caretaker.
The home was built in the 1750s. We've never owned an old home before. I've done lots of reading about it.
Is there anything that the standard articles don't cover that someone with real experience has run into? Is this a gamble? I don't want to be going in a year.