Should You Purchase That Vacant Bend Oregon Home?

By in vacant home with 0 Comments

bend oregon home for sale 2014

Find Out What to Look For Inside the Home before Purchasing It

As a Bend Oregon home buyer you may have come across a home that has been sitting vacant for a few months and although that home may look like a great deal since it has 3 bedrooms, 2 bathrooms, and is priced to sell quickly, you should take a step back and think about what you’re really getting when you purchase a vacant home.

Under The Surface

In most vacant homes one of the biggest problems that the buyer of the vacant home has to deal with is the consequences of deferred maintenance from the previous owner who may have been cash strapped.

All Bend Oregon Home buyers who are considering purchasing vacant homes must be aware that a vacant home could have mold because it hasn’t been aired out in a long time as well as problems like broken windows, missing or stolen copper wiring, leaky pipes and damaged or missing appliances.

Hire a Home Inspector

Before choosing to purchase a vacant home, a Bend Oregon Home Buyer should hire themselves a qualified home inspector who will inspect the home from top to bottom and determine the extent of damage to the vacant home then present the home buyer with a complete report so they know exactly how much money they will have to invest in the home to make it “livable” before they move in.

As Is Condition

Most vacant homes are usually sold in “as is” condition and this means that the current owner will not be making any repairs to the home before it’s sold so you should ultimately make sure that you have the cash reserves to repair the home and you should also determine what other homes in the same area are valued at just so you can have confidence that you will be able to “recoup” your investment in the home if you decide to sell it in the future.

For more Bend Oregon Home Buyer tips, or to view the latest homes for sale in Bend, contact me today by calling: (541) 383-1426.

Share This