Just because a home is being sold "as is" -- which is often the case with many foreclosures and short sales since the banks don't want to spend any more money on them -- doesn't mean that you don't need a home inspection on the home.
On the contrary, the mere fact that the home IS being sold "as is" means that it's more important than ever that you get a home inspection so that you'll know just exactly what you might be getting into. Remember that when people get into financial troubles for whatever reason, regular home maintenance is one of the first things that suffers. So with a foreclosure process that can take many months here in San Diego County -- and up to a year in some cases -- and with people continuing to live in the home for many months while they are in fnancial trouble, it's possible for many things to have fallen apart, fallen into disrepair, or been damaged.
The bank does not send anyone out to inspect the property, so any damage noted by the bank is simply going to be that which is obvious, and you can see that same damage when you walk through the house. It's the more subtle damage, the more subtle wear and tear, the hidden things that you need to know about, and that's where your home inspector comes in.
Your home inspector will inspect the roof, the attic, the foundation, walls, ceilings, floors, appliances, and much more to make sure that you are fully aware of any problems the house has. Even though you might be getting a bargain with a foreclosure or a short sale, a failure to understand the true condition of the property can result in any savings being eaten up by a money pit, and that's not what you want.
If you need help buying or selling a home in San Diego County, give me a call. I'll help you meet your needs, wants, and goals for your new home.
If you need a thorough home inspection on your property anywhere in Southern California's eleven counties, give Russel Ray a call. He's been in real estate for over 40 years and is a member of the International Association of Certified Home Inspectors, the nation's largest and best home inspector trade association. He was born and raised in Texas, so in addition to a great home inspection, you'll also get some Southern hospitality.
Tell Russel that Jim Frimmer sent you.
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My most recent posts (they'll open in a new window):
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