Quote:
Originally Posted by Kzeus
We are moving to The Villages in about a month and have been mulling this question:
How can someone sell a home older than 20 years, if insurance companies refuse to insure at all, or charge exhorbitant fees? And, conversely, why would anyone buy an older home?
We welcome all *kind* responses. Thank you.
|
My house was built in 2002. I bought it in 2023 (21 years old) and was able to get insurance. I pay $1900 a year for a three bedroom, 1400 square-foot home. The roof was replaced in 2022 though. The furnace was 20 years old but that didn't even come up.
I bought the home I did because it met most my criteria, especially the price. Whether a house is new or not has never been a factor for me when purchasing a home.