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Why you should get an inspection when buying a foreclosure home......

By
Home Inspector with Arden Termite And Pest Control

When you are putting an offer on a foreclosure home, you should definitely get your inspections done. Whether this is an investment property or a home you plan to make your own....it's better to know what potential problems you may have to correct on your own.

 

Most foreclosure homes are as-is sales. Which means you are purchasing the house in whatever condition it is in. There are no guarantees expressed or implied from the seller. Most of the time, it is up to the buyer to do their homework and get the inspections done.

 

What you may not know is that  fungus dry rot , when not taken care of, can spread and continue to cause additional damage if the problem is not corrected. What can start out as a minor repair can manifest into a major construction project. 

 

The cost of a pest inspection is very low, considering the valuable information it gives you.

 

For more information, you can visit us on the web at:     www.ardentermite.com

Comments (2)

Jim Valentine
RE/MAX Realty Affiliates - Gardnerville, NV

It is cheap insurance. Our youngest had an offer accepted on an REO.  The inspection revealed $20,000 in repairs!  Good advice.

Jul 13, 2009 12:48 PM
Brian Griffis
Realty Choice - Springfield, MO

Agree, have to know what you are getting into.  I have noticed though that a lot of sellers are taking offers considerably lower if they are as is with no inspection.

Jul 14, 2009 08:37 AM