As Is, New Homes and Inspections
Since there are lot of people buying foreclosures and new homes, thought I would put my two cents about inspections. Let's discuss foreclosures or As Is properties. Just because the seller is selling As Is and you agreed to the As Is does not mean you know what your buying. As Is means the condition the property is in at the time you wrote the offer. The condition is what you and the seller are aware of at that time. Foreclosure sellers are very limited and do not have to disclose(and most time are not aware of) anything about the property. So when they are selling it As Is, it is what you see and very very limited. You as the buyer are also agreeing to As Is and what does that really mean? Until you investigate and inspect a property you really do not know what the "As Is" is either. So hire a well qualified licensed experienced inspector. Usually with references. Realtors are not allowed to refer only 1 but we can give you a list and let you know which ones their clients have used and liked before. Make sure you are there during inspections, make sure the inspector goes over the report in details. Make sure you know what the "As Is" really is before you invest your money into any home you buy.
As for new homes, yes,yes,yes.. hire a licensed inspector thru-out the process. It is not a matter of trust it is a matter of money and knowing what your paying for is being built correctly. Builders rely on others to build your house, they are not perfect, why not check and recheck. Nothing is worst then when you go to sell only to find out when the buyer buying your home inspectors finds items that the builder should have done when it was built. No fun having to contact the builder 5-10 years later.. After all it is a major investment in buying a home , why not invest a few hundred dollars and know what you are really buying, Trust me in the 22 years of selling New and As Is, you will be glad you did... Suzette says...because she cares..
Posted at 03:43PM Feb 04, 2011 by Suzette Peoples in Real Estate | Comments[0]
