Estimate repair costs to ensure the "bargain" price remains a good deal after renovations.
: This is non-negotiable. Even if the bank refuses to pay for repairs, the inspection tells you if the property is a "money pit". how to buy a reo home
: Ensure the foreclosure process properly cleared all junior liens or back taxes. A thorough title search by a reputable title company is essential before closing. 5. Make and Negotiate the Offer Estimate repair costs to ensure the "bargain" price