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At, Home Buyer in Florida

Are the home prices ,will it go down more?

Asked by At, Florida Wed Aug 6, 2008

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There are some excellent buying opportunities NOW that will not be likely to be available any time in the foreseeable future. There are a few builder spec homes that are being reduced so low that they are equal to and in some ways better than the short sale and foreclosure properties available.

The builder specs are being air conditioned, for example, and that is a real advantage when compared to short sale and foreclosure homes that are almost always left for months without air conditioning. This is a real concern because those homes may have to be cleaned and repaired if mold has started to grow. If you do make an offer on a short sale property or foreclosure property, in addition to the usual inspections, we strongly advise mold inspections. Most of the time, the problem can be repaired, but remember that you are buying these homes "as is" while the builder homes come with the typical inspections with builder repairs, walk-through, and warranties most of the time.

Bottom line, builder specs are an endangered species. Get one while they are still available.
0 votes Thank Flag Link Wed Aug 6, 2008
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