Buying an “As Is” Property
Should you get a home inspection when buying an “As Is” property? My answer would be a resounding YES.
When buying an “As Is” home, you might go in expecting to do some repairs and renovations that might cost you $10K.
What if that number ended up being $20K or $30K?
Would you still buy that house or negotiate a better deal?
The seller is required to provide you with a Seller’s Property Disclosure Statement (SPDS (pronounced SPUDS)), which details their knowledge of issues with the home. I have seen SPDS where in people have lived in the home for more than twenty years and they indicate they’ve never had any issues. Those people should buy a lottery ticket.
A home inspection can help you uncover unexpected things that could cost you more money than you anticipated.
Call Tanque Verde Home Inspections at 520-462-8844 or follow this link to schedule your home inspection.