Why is knowing the condition of the property so important?
The condition of the property can have a huge financial impact on the purchase decision. Real estate prices have changed substantially over the years and so has the cost of home repairs. Today’s buyer must consider not only the cost of buying the property, but also the cost of owning and maintaining it. Nothing can be more devastating, both emotionally and financially, than to purchase a property, only to face thousands of dollars in unexpected repair costs.
