Sunday, April 20, 2014

Buying Historical Homes in Los Angeles: The Don'ts

For any first time buyer looking to invest in historical homes in Los Angeles, there are a few considerations that they should keep in mind. First and foremost, some of these homes have been designated as HPOZ meaning that they are worthy of historic preservation. Therefore, if anyone is looking to buy a historical home, it is best that they do their research and determine whether or not the house falls in the HPOZ category. Buying a historical home without doing proper research would be a big mistake because if any home is marked as an HPOZ then this means the home cannot be modified, redesigned, or in any way amended. This would mean limited design opportunities, i.e. no window or roof replacements and no significant renovations. Therefore, buyers and investors should do their research before deciding to buy any historical home located in the region.