Whether you buy this one or the next, arm yourself with a good home inspector. What gets me the most about your post from your report is that this 1963 house didn't have anything 'major'. In 9 years of inspecting, I don't recall ever inspecting anything older than 20 years and not finding at least one major issue. Start reading sample reports from inspector websites, anywhere in the country. In just a day's time, you'll learn how to recognize the better reports. You don't have to be an inspector to see the signs. After that, get sample reports from inspectors in your area, then choose. If they don't have a sample report, keep looking. Better reports don't always mean better inspectors but they generally do. Some of the best reports I've ever seen are from members of this forum, including some that have posted on this thread of yours. Looking for a good inspector is like looking for a good house. They're all different. You have to work at it to learn which are the best. Marc If the inspector is half-ass honest this is great advice. However, I've got a few guys locally that have the most bullshit ridden sample reports you've ever seen. The homes main picture is a 10-15 yr old house 500k house. The house has EVERYTHING wrong you can think of. K&T wiring, massive termite damage in the crawl space, cracks in the basement, etc. The took every problem you could think of and put in one report.