Topic Title: Condo : 40 years old

First Post:

Hi All,
I am a first time home buyer.
Recently, we (me/wife) show a condo(4 stories or less) that we liked. Its reasonably priced and the location is great! Our only concern is the structural integrity of the building given that it is about 40 years old.
Ofcourse, we are going to have a formal inspection of the house done. But even if it comes out to be satisfactory, I was wondering if you all can give us your opinions about the age of the building and any forseeable issues that might arise out of that.
Is it safe to buy a place like that?
We plan to live in that place for 3-5 years atleast. Can I have problems trying to sell it in future (5 years from now) as it will be older by that time?

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