Home Buying in Ocean City>Question Details

Will, Home Buyer in Ocean City, NJ

the property on 702 east 6th street is listed for 255k says needs work. what kind and how much work is needed?

Asked by Will, Ocean City, NJ Wed Jan 5, 2011

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If a listing says that it needs work, ask your agent to find out if the seller has filled out a Sellers Disclosure form. This is a form where the seller provides all kinds of information on the condition of the property as well as the ages of the appliances, roof, heater etc. Ask to see it. If the cost and extent of the required repairs are a deal breaker make sure your offer stipulates that your offer is contingent upon a satisfactory home inspection. Depending on the type of property, condo, single family, duplex etc., you can have a full property inspection of the roof to basement and all in between for approx. $300-$500. A professional inspection will reveal major and minor repairs that are needed and any deficiencies in the plumbing, heating, and electrical systems. You will then have a full and reliable assessment of your anticipated repairs.
0 votes Thank Flag Link Wed Jun 15, 2011
I recently showed the property this week and can answer any questions you may have. The exterior of the property definately needs a lot of work but the interior has been partially updated. Please feel free to call me to discuss further. Nicole Presnall, The Presnall Group, Prudential, Fox and Roach Realtors. 609-399-0041. nicole.presnall@prufoxroach.com.
0 votes Thank Flag Link Thu Jan 27, 2011
Would you like us to send over additional details on the property. General homes in that area require interior work, since many were built back in the 50's and 60's
Web Reference: http://Kwocnj.com
0 votes Thank Flag Link Wed Jan 5, 2011
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