How do we know if there is a Problem?
A lot of the times, clients see something that might be a potential red flag. Ants, for instance, can be an indication that there is moisture around the house (an issue with flooding or mold) or just that the place has ants in the lawn. When they see this, the first thing they do is assume the worst. While this might be a good way to stay away from any trouble, it is also a way to miss out on some of the best priced real estate. Something that looks like a potential problem in an REO say might not be one.
The best way to know is to get a home inspection. If you suspect some aspect of the house to be a concern, it is also a good idea to get a specialist in that area. For example, if you suspect something wrong with the roof, get a roof insection done. Roof inspections are usually free. If you suspect something wrong with the plumbing, see if the home inspector can tell you. If not, hire a plumber.
Sometimes you might find the best deals just because other potential buyers worried and ran at the first sign of trouble that later might turn out to be nothing!
