foreclosure bank inspector
Can a seller be forced to show their home when it is going to foreclosure?
Our realtor has been trying to get us in a home which has been listed on mls since October, and the bank has a foreclosure sale date of 6/8/09. The current owner is still living in the home, and has basically refused to let anyone through the house. 99% of the time, I would never submit an offer on a home which I haven’t seen, BUT, I am very familiar with the builder who constructed the home, so I know the layout and quality of the home, it is only 2 years old, and the offer we would make would be conditional w/inspection, and we are leaving ourselves enough cash to replace carpet, appliances, and even drywall holes which seem to be common in foreclosure homes. So, if we submit an offer without having been through the house, and the bank accepts, is the owner obligated to let our inspector in to see the house? Or, can we make an offer noting that our price is low due to owner’s resistance to letting us see her home? Please help, this really is the perfect home for our family!
This really make no sense. The bank does not own it yet, not until the sale date!! It is still their property. If they want to sell it they should let you see it. If you buy it at the auction you won’t get to see the inside either. What you can do is submit your offer and if they accept it they absolutely need to let you see if for inspection and I am pretty sure but you might want to ask your Realtor, that you can back out on the offer if something comes up in the inspection that is unfavorable. I would imaging you could submit an offer with the contingency that you are allowed to view it.
