Buying a home not up to code

Dear Brownstoner,

We recently had an inspection on a 3 family home that we are about to go into contract on. There were many things that were issues that the seller says she will fix.

The biggest item is however that the plumbing and electrical was not done up to DOB code. The work however does function well and therefore the seller will not adjust price or fix.

The home is in a great location and there isn’t anything close to the price and overall good condition.

Am I a fool to move forward with the purchase? I mean aren’t 90% of brooklyn brownstones not up to code?

Thanks for your advice.

By feelyng |