Tips for Purchasing
Real Estate ForeclosuresLooking for a New Home? Browse all Homes for Sale in Prince George.
Tips for Purchasing a Foreclosure Property
Buyers considering foreclosures should proceed with caution.
Banks are not required to disclose defects and can avoid all responsibility. These foreclosure listings are sold “as is,” indicating that the bank is not liable for the home’s condition. The buyer assumes all liability and accepts the home in any state regardless of how it looked when they initially viewed it.
Pay for a home inspection
A home inspection is a crucial step in the buying process. It provides a detailed report on the home’s structure and mechanical systems, giving you a clear picture of what you’re buying. This knowledge can help you understand potential expenses and damage, making it an essential part of the foreclosure buying process.
Do your research
Research the average sales price of homes in the area. Jessica Dykes can supply you with comparable properties to determine the value of the house. Comparables are recently sold homes that are similar based on size, location, bedrooms, and bathrooms. Knowing how much similar homes sold for, that can help you make a more informed decision, which is essential when investing in real estate.
She is wonderful and I really appreciate her help in buying our house. She helped us analyze whether the quotation of each house is reasonable, and she was very considerate to mark the information we need to know in order of importance and time. She is a trusted real estate agent.
My girlfriend and I are new to the Prince George area and we’re in search of our first home. Jessica had vast knowledge of the area as well as personal connections in the industry to assist us with all aspects of buying a house. The process was simple and smooth thanks to her help promptly answering every question we had at any point of the day. We would highly recommend Jessica to any of our friend or family and will be using her expertise again in the future.
