Buying A Foreclosure in Clayton.
I showed a foreclosure property to a client I have set up on an automatic search so it literally had just come on the market and it was priced very well. The house was in pretty good condition and appeared to only need minor repairs and cosmetic stuff like paint and carpets cleaned. The stove was missing but there was a new dishwasher which was odd to find in a foreclosure in Clayton, but you never know what you are going to find.
Inspections Needed On A Foreclosure.
Of course we would have had a home inspection done had we been able to proceed with making an offer on this foreclosed property in Clayton. Unfortunately the home is listed with a company that required way to many fees, not enough time for inspections and suggested they would keep any deposit monies if the client did not proceed with the purchase. We passed on this one for now.
Is Buying A Foreclosure Always The Best Deal.
Foreclosures in Clayton come in all different shapes and sizes, condition and price ranges. I just did a search of all the foreclosures in the Clayton mailing address area and today there are 33 homes either bank or HUD/VA owned or were in the foreclosure process. They ranged in price from $61,000 for a town-home all the way up to a custom built brick executive home in a gated community listed for $470,000. Most of these homes are in pretty good condition and some are move in ready, either left that way by the previous owner or the bank has gone in and replaced carpet, appliances, new paint in order to get the house sold.
A Foreclosure Means Buying A House “As Is”… But That’s OK
When buying a house in foreclosure in Clayton, you are buying it “as is” and so you’ll want to have all the inspections done that can be done, the bank never occupied the house and they want you to know that if you buy it you buy it knowing what you are getting. Hiring a home inspector and a real estate attorney, doing your homework and due diligence and with a reputable real estate agent, you can buy a nice house in Clayton that is in foreclosure and get a good deal, sometimes even a great deal and not have anything to worry about.
So, should you buy a foreclosure in Clayton, North Carolina? Absolutely you should if the house is priced correctly and you have all the necessary inspections done and you feel comfortably with it.