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DIY Buyers….Due diligence

December 12, 2012

Due diligence is the name of the game when buying a home online. Craigslist & eBay … all chances to be scammed.

Advice boils down to research.

  • Research the house,
  • find out who has the title,
  • confirm the square footage and lot measurements,
  • find out if that lot can be built on or subdivided.
  • The estimated value of the property could be out of date. Find out if there are any development plans for the neighborhood.
  • Are there code violations, back taxes, demolition orders?
  • Does the seller really own the house?  <<< This is a good one for renters, yes, many folks are now renting from someone repping a vacant house they don’t own !
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