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Reply to "What are the big ticket systems you look at first?"
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[quote=Anonymous]I would look at all the major systems mentioned above. At the end of the day, just about anything can be fixed, but it comes at a cost. If the house is already at the top of your budget, and you see old single pane windows, decrepit HVAC, and an old rusty electric panel, you can make an informed decision that you will likely need to spend $50,000-$100,000 to get the house up to modern standards, so maybe you pass. Conversely, if you find a house that's priced below your max, maybe you're willing to spend that money to get new systems. The hard part is when people max their budget on the house purchase and then don't realize they are in for some very expensive (non-cosmetic) repairs when things break shortly after moving in.[/quote]
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