Are you in the process of searching for a new home? If so, it’s important to keep a close eye out for issues that could require expensive repairs in the future. Some of these issues – like outdated electrical panels or cracks in the foundation—are pretty easy to spot if you know what to look… Read more »
Category: Foreclosure Inspections
Keep These Tips in Mind Before Buying a Foreclosed Home
Buying a foreclosed home can be a worthwhile investment, but only if you’re careful to buy the right home. You can start by making a realistic budget that includes more than just the purchase price. It’s also always important to remember that you might have to spend more money on renovations and fixing the place… Read more »
The Benefits of Buying a Foreclosed Home
Perhaps the best benefit of buying a foreclosed home is its price. Because it’s foreclosed, someone or some entity, like a bank, is trying to get rid of it. Therefore, they’re willing to sell it at a bargain price. Many people have enjoyed buying foreclosed homes that were once selling for, say, $400,000 for…$150,000. Now… Read more »
5 Common Problems in Foreclosed Homes
Buying a foreclosed home can be a very good investment if you have the time and energy to make up for all of the problems that arise from foreclosure. So, before you buy a foreclosed home, get a foreclosure inspection. Here are some common things we see as Chicago home inspectors: 1 – Mold –… Read more »
Avoid Hazardous Dryer Duct Materials!
You probably don’t think too much about your dryer duct. You set it up, it discards dryer air out of your house and there’s not much more to think about. Or is there? We encounter this sort of thing all the time during foreclosure inspections. Think about it: dryers create intense heat in small, usually… Read more »