Archive for the ‘Ocala Foreclosures’ Category
Ocala Foreclosures are sold “As Is”
Foreclosures in Ocala and just about every where else are sold “AS IS”. That’s really AS IS with the right to an inspection within a specified period of time. The buyer has the option of withdrawing their offer should the inspection reveal a large issue with the home.
In Ocala there are a lot of foreclosures that are only a couple of years old and some have never been lived in. However these same houses have also sat vacant with no AC in the hot humid Florida summers. Many houses that were never occupied might never have had the builder do a final punch list. That’s all those things that were either over looked or just screwed up by sub contractors and should have been repaired by the builder but were not.
It’s very important to have a home inspection no matter how much you know about home repairs.
Most important of all is to realize that AS IS means just that. No one is going to fix anything ever. That’s one reason the price is so low.
For even more about foreclosed homes in Ocala
A Foreclosure Home in Marion Oaks Ocala FL
Ocala foreclosure home
Built 2007
1818 sq ft living area
3 /2 / 2
.24 acre lot
Marion Oaks
Sold Price $110,000.00
I represented the buyers in this purchase. This home was never lived in but had sat vacant for most of 2 years but easily passed a home inspection.
If you need more info on on Ocala Foreclosures I have everything you need on my free Ocala Foreclosure Guide.
