In my previous entries we talked about how look, the noise in the neighborhood, the maintenance, amenities, and records of the building should be considered whe you are buying real estate in New York, specifically with "brownstone" buildings. Now, let's see why inspection and insurance are two important factors when investing.6. Carry out a Brownstone Specific Inspection Unlike many houses, brownstones are known to have unique issues such as termites and even lead paint. Before you complete the sale of the building, it is a good idea that make sure that it passes evaluation. Make sure that it is licensed by a certified inspector which with it comes an evaluation report. This shows that the building remains in good shape structurally. During the assessment, the inspector will examine to see that the beams of the building are undamaged, there is a correct drain system and that the boiler and the heating system are upgraded. A building that has a gas boiler instead of an oil boiler. This is due to the fact that a gas boiler is less expensive, more secure and cleaner for this reason a perfect option. They will also inspect to see that the roofing system and floorings are intact and not sagging. If they are, repairs will be advised immediately. To know more about modern-condo buildings, check out www.aboutjodykriss.com 7. Insurance Unlike a lot of buildings, insurance provider do not cover the remediation costs of the buildings initial functions in case of damage after storms or other natural disasters. These consist of; crown molding. Nevertheless, there are policies that cover such functions but they are pricey, up to 40% more.