Quote:
Originally Posted by Inspector Mark
The OP said they only wanted kind reply's yet she just insulted everyone who has a home older the 20 years by saying, why would anyone buy an older home.
We just bought a CYV that is close to 30 years old. Had no problem getting home owners ins.
I have no idea why they think an older home is not insurable.
The issue is about the age of roofs not the age of homes.
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The rumor you can’t get
Homeowners insurance on an “older home” could have come from the manufactured homes that are on the historical side or near Spanish Springs of The Villages. I know from a friend who lives there that insurance is so costly on older manufactured homes that some are self-insuring them. I have a considered opinion that it’s not an issue with “stick built” homes. Insurance costs have gone up on all homes but you can still get insurance.
When purchasing a resale it would be best to due diligence with homeowners insurance along with deed restrictions, permits for building and landscaping changes, noise factors, etc., before signing on the dotted lines.