Buying Santa Clarita HUD Home That Needs Repairs
This can happen in any home, not just a Santa Clarita HUD home. However, since a lot of home buyers in the Santa Clarita Valley are searching for deals, they sometimes run into the homes that have a condition that’s (hopefully) reflected in the asking price.
Take for instance this condo in Newhall, that’s a bank owned home backed by HUD.
My client was hopeful going into the home inspection, but soon found out the home wasn’t in as good shape as it looked to the eye.
That’s a picture of the wiring cut apart inside the furnace. Needless to say it’s a burden and a potential hurdle to ownership, since it’s an as-is purchase, where the bank won’t lift a finger to fix anything more than likely.
Looking for a deal on a Santa Clarita condo, or house? They’ll all have some issues… no home is perfect. But for the homes where the price is super attractive, just remember, there might be some additional repairs once you own the home that you weren’t expecting to incur.
Still deal hunting? Check out these Santa Clarita foreclosure homes for sale
Have questions? Ask Robert!