Is it generally better to buy from a long term homeowner?

The seller bought their house in 1998 and never sold until now. There are no records of the house being sold or rented out over the years. I’ve only seen pictures and I understand inspections will need to be done and it’ll reveal issues. But generally speaking, is it usually better to buy a home from a long term homeowner? I guess my thought process is “they’ve stayed and maintained this home for a long time; the house didn’t have several tenants moving in and out…” ?

submitted by /u/thecuddlers
[link] [comments]

The seller bought their house in 1998 and never sold until now. There are no records of the house being sold or rented out over the years. I’ve only seen pictures and I understand inspections will need to be done and it’ll reveal issues. But generally speaking, is it usually better to buy a home from a long term homeowner? I guess my thought process is “they’ve stayed and maintained this home for a long time; the house didn’t have several tenants moving in and out…” ? submitted by /u/thecuddlers [link] [comments]

<a href="Read More“>View Full Article

Need More Commercial Real Estate Leads?SAVE 40% this month!

Our commercial valuation calculator was created to evaluate commercial real estate. In 6 quick steps you will know your NOI, CAP RATE, and IRR.

Now you can get your own branded version of our calculator!