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When buying a Rancho Santa Margarita Foreclosure or bank owned home, does a buyer really need to spend extra money for a home inspection?  What if the home is sold "as is, where-is"?  The answer is YES!

In all cases you should have a licensed professional evaluate the home you will be purchasing.  Whether or not repairs will be requested or made, a local professional, licensed home inspector should be hired for a home inspection.

It doesn't matter whether the transaction is a standard sale, a short sale or an REO / bank-owned sale.  A buyer should know up front if there are any existing conditions in the home they are looking to purchase.  A home inspection provides a home buyer with a list of repairs that should be made immediately, and notes any findings that might cause additional future problems if not cured. 

A home inspection basically provides a buyer with a home maintenance game plan.  With the results of a home inspection in hand, a buyer can negotiate with a seller for repairs or a reduction in price, or choose to walk away from the property if he feels there are too many issues with the house.

A local inspector is familiar with homes in the area.  He will know which builders cut corners and which building materials were typically used at the time a home was built.  He will know what to look for and where. 

Click here to read the full story and for additional information about the home inspection.

 

 

 

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This post has been included in California Real Estate News Orange County, CA Real Estate News Rancho Santa Margarita, CA Real Estate News
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6 Comments on Are Home Inspections Really Needed for Rancho Santa Margarita Foreclosures and Short Sales?

DEC
10
2008
960,480 Points 12 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Hi Kelly

Having short sales and foreclosures are a benefit to the buyers, to let them understand the condition of the home, and it helps the real estate professional from being sued.

Good luck and success.

Lou Ludwig

5:08pm • #1
DEC
11
2008
9 Featured Posts

Thanks Lou.  Home inspections are the best way for a buyer to ensure that they are buying a home no surprises. A buyer will not save money in the long run by scrimping and cutting out the inspection.

12:12am • #2
OCT
06
2009

Nicolas Cleans.O.C
34111 La Serena Dr
Dana Point Ca 92629
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www.nicolascleans.com/

 

 

Nicolas Cleans.O.C
34111 La Serena Dr
Dana Point Ca 92629
www.servicescleans.com/

www.nicolascleans.com

 

Nicolas Cleans.O.C
34111 La Serena Dr
Dana Point Ca 92629
www.servicescleans.com/

www.nicolascleans.com/

 

Nicolas Cleans.O.C Services
4:59pm • #5
MAR
14
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4:13pm • #6
DEC
13
2010

Hi,, Nice place i wish to buy some property in this place i really like to spend lot of time there now i am searching for some suitable location but you must guide me about property rates and selling purchasing fair terms and conditions James Williams…. Real estate in Pakistan

James Williams
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MAY
24

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    Kelly Kilpatrick, Broker-Associate

    Rancho Santa Margarita, CA

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