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.

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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 theseĀ Santa Clarita foreclosure homes for sale

Have questions? Ask Robert!

Author: Robert Mickalson

Robert Mickalson created the Mickalson Group at Real Brokerage in Santa Clarita. He has been serving home buyers and sellers in and around Santa Clairta, CA for two decades. Robert's passion is to empower his clients with the most relevant housing market information. Bringing a boots on the ground perspective to this blog and also to his newsletter, SCV Cul-de-Scoop, are just a few ways Robert is able to help his clients, and the citizens of North LA County as a whole.