Are Home Inspections Really Needed for Rancho Santa Margarita Foreclosures and Short Sales?

When buying a Rancho Santa Margarita Foreclosure or bank owned home, does a buyer really need to spend extra money for a home inspection? What if the home is sold "as is, where-is"? The answer is YES!

In all cases you should have a licensed professional evaluate the home you will be purchasing. Whether or not repairs will be requested or made, a local professional, licensed home inspector should be hired for a home inspection.

It doesn't matter whether the transaction is a standard sale, a short sale or an REO / bank-owned sale. A buyer should know up front if there are any existing conditions in the home they are looking to purchase. A home inspection provides a home buyer with a list of repairs that should be made immediately, and notes any findings that might cause additional future problems if not cured.

A home inspection basically provides a buyer with a home maintenance game plan. With the results of a home inspection in hand, a buyer can negotiate with a seller for repairs or a reduction in price, or choose to walk away from the property if he feels there are too many issues with the house.

A local inspector is familiar with homes in the area. He will know which builders cut corners and which building materials were typically used at the time a home was built. He will know what to look for and where.

Click here to read the full story and for additional information about the home inspection.

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