There are different things to consider when you are buying a foreclosed home," said Grant. "Many of these homes may have suffered wear and tear or damage at the hands of the previous owner like any other pre-owned property, but buyers may be tempted to forego a home inspection to lock in the reduced price." Grant urges buyers to spend the extra $300 to $500, on average, to hire an ASHI Certified Inspector who will carefully evaluate the following areas of the home according to ASHI's Standards of Practice:
- Structure — including basements and crawl spaces
- Exterior Surfaces — including siding, decks and grading of soil
- Roof Coverings
- Plumbing Systems
- Electrical Systems
- Heating and Air Conditioning Systems
- Interior Surfaces and Components
- Insulation and Ventilation
- Fireplaces and Chimneys
Related Florida real estate views:
Don’t get scammed buying land in Florida
Florida residents can receive a free home wind inspection
Don’t buy a home without a home inspection
- Greg Staker Watson Realty Corp. 407-304-0255
2 comments:
Fortunately, I have not seen some truly bad foreclosures during my inspections, but there have been a few problems. Mainly these are due to previous owners not having money for simple repairs, or because the house has been vacant, and issues arose.
An inspector is your best bet, but if you are trying to save money, be very cautious and check the property out.
"Mainly these are due to previous owners not having money for simple repairs.."
Good point and sometimes forgotten that when there are money issues, even small items get neglected.
Thanks for the comment Frank.
Post a Comment