Are there any other hidden costs to these sales?
2006-08-03 13:38:37 · 3 answers · asked by nickacarroll 2 in Business & Finance ➔ Renting & Real Estate
Go to your county's Website and real ALL the information there about purchasing at Sheriff's sales.
Be sure to understand the laws in your state regarding state liens on the property that you will be responsible for should you purchase a house with such liens.
There are many online resources for you. Try some of the real estate blogger sites, and you might find someone to give you the links. Here's a place to start: www.housebubble.com
Check out the investment links.
2006-08-03 15:27:44 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Sounds kinda fishy- have you ever requested why they do not desire you to appear within? Check the documentation- age and situation of the furanace and duct-paintings, the water-heater and plumbing. See if some other home equipment are integrated- refrigerator, AC, variety, microwave, dishwasher, and many others. Find out what you'll approximately the historical past of the house- Who lived there final? (or a minimum of what type of character they had been) Why is it to be had via a sheriff sale? I do not know that I might desire to shop for a condominium- unseen. Let the Sheriff Dept recognise that it might be dull for ANYONE to shop for that condominium with out seeing the within... "Mr Sheriff- might you purchase a house when you hadn't obvious the within? Then why are you anticipating anybody else to be that unwise/silly/dull?" If they do ultimately mean you can in, verify the home windows and doorways- no drafts or leaks, please!! Check woodwork and flooring- squeaky flooring manner age or harm or each... Smell within the cupboards- chiefly beneath the kitchen and toilet sinks- you do not desire mold- signal of plumbing predicament. I do not consider I might purchase a house while I hadn't see the within... Real property is a sexy enormous acquire! "Buyer-pay attention!"
2016-08-28 13:05:22 · answer #2 · answered by polka 4 · 0⤊ 0⤋
You'll have the usual fees for the quitclaim deed and recording fees. If you take out a mortgage to pay for it, you'll also have the typical mortgage closing costs as well.
2006-08-03 13:52:41 · answer #3 · answered by Bostonian In MO 7 · 0⤊ 0⤋