The old days of traditional home inspections have not changed...though most of the sellers (banks) these days are not willing to fix, repair or credit you for anything found broke or in need of repair during the inspection.
2 reasons why....
Reason 1. On short sale listings the home owners are in a bind and are trying to receive a reasonable offer and turn it over to the bank for a possible shorting of the amount owed on their principle loan amount. Most northern virginia homeowners are not in a financial position to make repairs to the home they are already losing out on. The home is being sold "as is" which is reflected in the asking price. If the house doesn't sell then it will head right into foreclosure.
Reason 2. Bank owned properties are priced to sell based on comps and property condition right off the bat. The bank just wants to get the home off their books and often set the listing price rather low and hope to receive multiple offers igniting a bidding war. Your welcome to complete a home inspection for "informational purposes only" but don't expect to get a credit for repairs!
Sent on the Now Network� from my Sprint® BlackBerry
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