How to Buy Older Homes in Tampa, FL

Get prequalified for a mortgage. It's important to contact several banks and compare mortgage rates and schedules to see how much house you can afford and under what circumstances.

Make a list of features you are looking for in your next home as well as elements you do not like. The list should be divided into three categories: necessities, luxuries and deal breakers. This will have you gain a better understanding of your wants and needs and help narrow down your search. But, be flexible with your list. Unlike newer homes, most old properties may not have all the modern amenities you're looking for.

Research the pros and cons of different areas within Tampa. The city is normally divided into six areas: Downtown, East, New, West, North and South Tampa. Within these locations, you'll find a diverse mix of amenities including businesses, sports and cultural attraction and neighborhoods. The location of your next home is often just as important as its size and features, so researching the different areas will help you further narrow down your old-home search.

Look through the local newspapers and real estate websites. Use your list of features and desired locations to search properties that may be of interest. Make note of the homes you are most interested in so you can come back to them, once you're ready attend open houses.

Contact several buyers' agents. Take time to speak to each agent individually and find one you're comfortable working with. Be sure to ask the prospects about their experiences with old homes in Tampa so that you can find a well-qualified agent. Keep in mind that agents who are unfamiliar with older properties or have little knowledge of Tampa may have trouble giving you the proper buying advice.

Visit the properties you're interested in, and find one that suits your needs and is within your budget. You may find some older homes in the historic districts of Tampa. Tampa's Historic Preservation and Urban Design protects these properties. For these properties, you may have to adhere to strict standards regarding the appearance of your home. Be sure to make note of how nearby properties look while you're touring the property and find out if it's on the historic preservation's zoned areas.

Get a professional home inspection; this is especially important with older homes. You want to be sure that your purchase will not turn into a headache after you sign the paperwork.

Make an offer, and complete the sale. Your agent can help you determine the appropriate offer for the property. Since you will be purchasing an older home, make sure your offer takes into account any changes or updates that may be required after the sale.