Buying a foreclosed property might appear to be a great way to save money on real estate. However, a lower purchase price does not always mean a better deal. Many foreclosed homes sit vacant for extended periods, leaving plumbing, heating and other systems without regular maintenance. Before committing to a property, a professional foreclosure inspection… Read more »
Tag: Foreclosure Inspections
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 »
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 »