Broker (37 years experience)

Specialties:
Buyer's Agent,
Listing Agent,
Relocation,
Consulting

Advice

  • (2 Contributions,
  • 0 Best Answers,
  • 0 Helpful)

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Inspection for a New Construction.

Answer

Greetings,I would strongly encourage you to conduct a home inspection on any new home you purchase. And, do not allow anyone to talk you out of it. You will hear all sorts of comments. The builder has been building for years, why would you have it inspected? The city has already issued the occupancy permit. Everything is okay, etc, etc. Lets make sure that there are no issues and the best way to confirm that is to have the home professionally inspected. I think it's money well spent. I have been in the real estate business for 36 years and have sold many new homes. It's amazing what your inspector will discovered. Ken & LynneAustin Realty, Inc.[contact information deleted by Zillow moderator. Please see our Good Neighbor Policy for posting guidelines]

  (0)
how to buy a foreclosure

Answer

Greetings,We know the bank will accept list price but you don't want to pay what they're asking. In fact, theses BPOs (Broker Price Opinion) are coming in high even though the comps supports a lower value.So you wait. When you see the Asset Manager lowers the price that's when you submit your offer. Keep in mind, you are buying the property in it's "AS IS" condition. Therefore, you will be making all of the repairs.If you submit an offer this week, you will more than likely get a response by next week and close in 30 to 45 days. Hope that helps. 

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