Foreclosures are not exactly move-in ready properties. Is that really a surprise?
I just saw an MLS entry that stated “blank canvas in kitchen ready to add your own touches.” I checked the photos in the listing. The kitchen was indeed a blank canvas – even the cabinets were gone!
When you consider a foreclosure, expect the property to be stripped of many of its habitability qualities. It is a way of life!
As a first time home buyer the process can be daunting so foreclosures is not something I encourage with a first time home buyer (or any buyer who is strapped for cash for repairs later).
Many home buyers see foreclosures as an opportunity to buy a lot more house for less. If a discounted price is what a buyer is looking for, then perhaps a short sale will present some savings and a property in better condition.
If you have any questions in the home purchase process or homes for sale in Brevard County, Florida, email them to me.
If I can help you buy or sell a house or condo in Brevard County, Florida, let me know!