Don't Buy A Foreclosed Property Without An Inspection!
Buying a foreclosure or a property that the bank has taken away from the owner because he or she stopped paying the mortgage, is often touted as a way for both owner-occupants and investors to get a great deal on a property. However, the potential financial rewards of buying a foreclosure don't come without their share of hard work and headaches. Foreclosed homes are distressed and neglected homes. Repair issues in foreclosed homes may not be as obvious, nor simple as damaged drywall or dirty carpet.
You need to have that foreclosed home you're buying inspected to make sure that you do not end up with expensive repairs. Buying bank foreclosures or government foreclosures (single detached house, townhouse, condominium, apartment, etc.) is a serious investment and serious financial commitment. You need to know about the physical condition of the property and make sure that the defects, deficiencies, or system inadequacies are within YOUR ACCEPTABLE LIMITS.
You can reduce your chance of facing unexpected problems that may result expensive repair and maintenance costs. You may negotiate a better price with the bank, lender, and even with the government agency if there are such problems that need to be fixed. A Foreclosure home inspection is your best tool to buy the foreclosure property at a lower price.
Are you willing to risk your family's future happiness to SAVE A FEW DOLLARS and forego a home inspection because the property is being sold "As-Is"? One of the major reasons for a home inspection is to AVOID A MONEY PIT, make sure your "AS-IS" property is not A MONEY PIT by getting a foreclosure home inspection.
You can reduce your chance of facing unexpected problems that may result expensive repair and maintenance costs. You may negotiate a better price with the bank, lender, and even with the government agency if there are such problems that need to be fixed. A Foreclosure home inspection is your best tool to buy the foreclosure property at a lower price.
Potential Money Pit or Dream Home?....You Make The Call!
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"Due to the recommendations that were made during the inspection, I was able to negotiate a significant credit at closing for assistance with repairs..." Dear Mr. Bacon... On Tuesday, I became a proud first-time homeowner. Due to the recommendations that were made during the inspection, I was able to negotiate a significant credit at closing for assistance with repairs. I am sending you this letter of thanks on behalf of my family and myself to express our sincere gratitude for the exceptional home inspection services that you provided. The home inspection, which included the cellar and garage, lasted approximately two hours. You were prompt, thorough, efficient, well-prepared, knowledgeable, and professional. During the inspection, you encouraged me to ask questions while I accompanied you around the property and you were kind enough to take additional time afterwards to address my concerns. You were extremely patient when responding to my numerous inquiries and you were able to provide explanations using terminology that I could understand. Thanks to you and Xcellence Inspection Services, I have become an informed and empowered consumer. The nominal inspection fee was well worth the money. I will definitely be recommending your company to all of my friends and colleagues. R. Hatchett |
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We provide commercial, foreclosure, short sale and residential inspection services throughout the Greater Chicagoland area; including: Cook, Will, Kane, Grundy, Dupage, Kendall, Lake, and McHenry counties in Illinois.