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Archive for November 20th, 2008

Colorado Springs HUD Homes, Part II

 Are you Interested in buying a foreclosed home in Colorado Springs?
5 MORE things to know about HUD homes

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(6) Does HUD inspect homes before they sell them?

When you view the Property Detail on the the Mcbreo web site, the link takes you to a comprehensive detail page on the property.  On this page, you can link to the Property Condition Report.  This report contains information on the major components of the house including the roof, structure, exterior, plumbing, Electrical, HVAC, Interior and Appliances.   If deficiencies have been found; it is explained in the Work Required area of the report and it is assigned a dollar amount to correct the issue.   It’s a wonderful, very comprehensive report; very informative for potential buyers.

(7) Should I get a home inspection on a HUD home?

All HUD homes are sold “as-is”, without warranty.  HUD will not make any repairs nor pay to correct any problems.   Read the rest of this entry »

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