Buying a bank owned or foreclosure home
I know that one thing most of my clients are worried about when they buy a bank owned or foreclosed home is the condition of the home itself. The banks will always demand that we waive any warranty rights and the condition of the home as well as your right to sue them if there is anything wrong with the home. Even with a home inspection things can fall through the cracks!
I guess I can see the bank’s point since they have never lived in the home or have any information about the condition. But every time a client signs the bank’s addendum, even though I totally explain they are giving their rights away, I worry they aren’t taking this as serious as they should.
Now I can help by recommending they purchase the new home warranty program speficifcally designed for bank owned or foreclosed homes. This new policy protects them like no other home warranty has in the past. It even provides a locksmith to rekey the home for you after closing!
The Sentinel REO Plan is much more than a basic home warranty.The Sentinel REO Plan from ServiceOne Home Warranties is the only home warranty tailored to the needs of a foreclosed home. It not only provides a 1-year warranty on the home’s most essential systems and appliances, but it also includes the following homes services especially needed for the Buyer of a Foreclosed Home.
Here’s just few details-
- Re-Key service ( up to 6 keys)
- AC system tuen-up service
- Heating system tune-up service
- Termite control service
- Pset control service
- And much more
This new home warranty can really give you peace of mind when buying a foreclosed or bank owned home! For more information about buying a home or to search for bank owned homes in the Phoenix Arizona area please visit www.valleyREadvisor.com or call me direct at 623.271.4234.
