I don't find where the home ever been listed in MLS over past 3 years.
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Lynn911 Dallas Realtor & Consultant
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There is not going to be a simple answer to your question. Many factors go into building a home, exterior choice, interior choices (granite vs other counter choices in all areas kitchen, bath etc) carpet vs hard wood floors and the list goes on. You need to speak with the specific builder you are going to use or interview several and see what they say based on your direction. Also be sure to add at least $10,000 to the bid for any changes you might make and believe me you will make changes once you start the process,
Keller Williams Realty
Probably no. Why? Because the current owner is the only one that can sell it because it is their house, but they owe a lot on it and are not making payments. The bank, that is owed money on it and probably a lot more than the loan because the owner is not making payments, can't sell it to you because it is not theirs. The trustee sale aka the foreclosure auction converts the property back to the lender that is owed money on it. NOW it belongs to them and NOW they can sell it.... more
Your buyers agent needs to address these concerns to many unknowns require answers . Much also depends on who owns the property IS home SOLD AS IS .. and plus additional questions
Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
why did the inspection not bring up this problem? Is it a construction on a slab, a crawl space... ?
There are so many questions that need be answered when did you get into the home to see the problem...
Contact the inspector, he may come back and double check on your behalf~!
Then Contact your attorney, and your buyers agent, as I am sure you will have a contract
indicated walk thru before the final closing. If during final walk thru you detect a major problem it
can be discussed with the attorneys and sellers at the closing, but you definitely want to make sure
before the closing that there is not a structural major problem.
Good Luck to you...
Edith Karoline YourRealtor4Life
Working always in the very BEST interest of her clients!