Bank foreclosed or bank owned properties are sold
"as is" as banks do not get involved in repairing or fixing real estate. Include
"subject to inspection" clause in your
agreement so that you can renegotiate the price if you find unexpected damages
or defects upon the home inspection
Remember repairs by professionals can be costly and you
often find in foreclosed homes, efforts by home owners to make repairs
themselves when they had neither the money or the knowledge to do the job.
Sometimes these repairs, while creative, are just not right and might be
causing problems. So repairs were the least of their
worries when they were struggling to pay their bills, Even
vandalism playes a part in some foreclosures
in areas which may not be visible, example - back up main sewers lines, damage
to air conditioner / heating ducts in the attic, damage to a/c coils draining
out the refrigerant.
Quality home inspection will help minimize your risk
Bank foreclosure in flagler county fl. palm coast flagler beach
florida,bankruptcy house auction in palm coast florida,bankruptcy foreclosured
homes in flagler county palm coast florida,bankruptcy flagler county realestate
inspector,Bank REO & Foreclosures in flagler County Palm Coast florida fl.