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Buying from an Estate |
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My son is buying his first home. He found a nice house that is an Estate sale. Is there anything different about bidding on an estate property? Is there anything he should watch out for? |
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Buying from an estate can be a good way to find a bargain. Often the house is vacant and whoever is handling the sale is under some pressure from heirs to wind things up. But if the person selling did not live in the house, he or she can't be expected to know all about its condition. Every buyer should make the purchase subject to (dependent on) a satisfactory report from a home inspector. That would be particularly important in your son's situation. |
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Edith
Originally published on June 30, 2008 |
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