said they had been assured by their agent that the snakes were just a story “invented” by the previous owners to leave their mortgage behind. The buyers filed for bankruptcy and the house was repossessed. They left the home the day after their daughter was born, just three months after moving in. The house briefly went back on the market. Now owned by the bank, it was listed at $114,900 a year later. The property has since been taken off the market, while the bank decides what to do with it. The moral of the story is to have a good inspection. These buyers were attracted by a price. They didn’t have a proper inspection of the home before purchasing. It seems the real issue was the agent who cared more about selling the home than his clients.
HOME-BUYER FOREGONE INSPECTIONS
There have been instances where buyers here in Florida have foregone inspections and faced various issues post-purchase. These situations can turn into "horror stories" for buyers: Undisclosed Problems: Without an inspection, buyers might miss crucial issues such as structural damage, mold, plumbing or electrical issues, or pest infestations that aren't immediately visible. Discovering these problems after purchase can lead to unexpected and costly repairs. Legal or Code Compliance Issues: Some properties might have additions or renovations that were not permitted or do not comply with local building codes. This can lead to legal complications or require expensive modifications to meet regulations.
39
Powered by FlippingBook