Buying A Home
Dear Community,
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Foreclosure "as is" and inspection...
We looked at a foreclosure the other day that is a mess. While we might make an offer, it would be 1/3 of the asking price due to the fact that the house is not livable and we would be paying cash. The realtor mentioned that there would be some addenda that we would have to sign when making an offer because the house is "as is".
What kind of clauses are in those? We want to be able to back out if, say, the inspector finds major issues in the foundation or if the well is bad. Would we be able to do this?
Re: Foreclosure "as is" and inspection...
Okay that makes sense. I knew the bank wouldn't make repairs, I just didn't want to be stuck the second we made an offer. We're going to offer 30k (they want 89.9, they're on drugs) because of all of the stuff we'd have to do to even move in.
After 31 cycles and two losses, we've been blessed with a healthy baby girl!
Congrats to both of my amazing TTC Buddies, tdmd09 and sb2006!!
Life of Amberley