Money Matters - NAPSTV - Housemaster
Posted on March 28, 2009
Filed Under Foreclosure definition |
BARGAIN HUNTERS HAVE BEEN BUYING UP FORECLOSED HOUSES AT PRICES NOT SEEN IN YEARS. BUT EVEN AS ASKING PRICES PLUNGE AND MORTGAGE RATES HOVER NEAR RECORD LOWS, THE SMARTEST BUYERS KNOW NOT TO JUMP UNTIL THEYʼVE HAD THE PROPERTIES CHECKED BY A QUALIFIED HOME INSPECTOR. KATHLEEN KUHN, PRESIDENT OF HOUSE-MASTER—ONE OF THE LARGEST HOME-INSPECTION FRANCHISES IN THE US—CAUTIONS THAT UP TO THIRTY PERCENT OF FORECLOSED HOMES HAVE EXTENSIVE DAMAGE. MEANING, SPENDING A FEW HUNDRED ON AN INSPECTION UP …
Duration : 0:1:1
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