Tips on Buying a Foreclosure
By Pat Laracy Baker, Pat Baker Dream Home Maker
(Realty Executives Boston West)
Tips on Buying a Foreclosure ByPatricia BakerOnMay 24, 2014 · InBuying a Home If you are looking for a deal you may be thinking about buying a foreclosure but buyer beware. There is a lot to know before putting an offer in on a foreclosed property. Often foreclosures are sold “as is” and many times do not have a seller disclosure available for review. This makes it even more important to get a thorough home inspection. Here are some issues to be aware of commonly found with foreclosures and not usually seen with the naked eye. Roof damage Damaged appliances Damaged or missing plumbing Faulty electrical systems and components HVAC system problems Conducive termite conditions Water penetration and damage issues Interior structural damage A home inspection is essential not only to identi...
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