The property im looking at now is a duplex in short sale and in auction in 4 days and listed as is. I did an outside walkthru and seems ok to the naked eye. But sold as is for my first deal seems scary without some sort of inspection. For major issues just in case.
When I make an offer will i be able to get it inspected within 14 days?
If i buy it at auction do you get an inspection period in the offer to buy?
Any thoughts thx
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first off thx keb64 for the reply.
The auction is live at the court house steps locally.
Dont know they acronym EM yet so dont know.
The last time someone was in the place was 2-3 months ago. Its vacant now.
Do i have to ask for time to look at it or i will have a standard 2-3 days before i have to pay on my bid?
Someone did mow the lawn 2 days ago , all weeks but its been cleaned up. So maybe your right it might have a viewing the day before.
In California you buy a home "as is, where is, with no warranties" if you buy at a court house steps auction. Ideally, you could get a home inspector in there before the auction, plus a title report. Then you'll have a better idea of what you're actually buying, and thus, how much it's worth.
Jill... the investor friendly REALTOR.
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If it's listed as a short sale right now, you might be able to 1) make an offer and delay the auction 2) get seller disclosures while it's still owned by an individual (before the bank owns it, they don't provide disclosures) 3) talk to the people who actually know the house... the short sale listing agent and the current owner
Jill... the investor friendly REALTOR.
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