Don’t expect that the seller to confess all the problems with the home. You need to be inquisitive and investigate for yourself to be sure that the home really is a good buy and that you are getting a good deal. Be sure to conduct a proper home inspection early on, so that any problems that are detected can be solved prior to closing. You may consider hiring an inspector to examine the home. Make sure you make the contract conditional upon receiving an inspection report from your inspector that is satisfactory to you.
For a list of our recommended home inspectors, click here
Note: In a competitive market, the offer with the least amount of conditions will be the most attractive to the Seller. In this case, you may need to have a home inspection completed before submitting your offer, and therefore determining any potential problems ahead of time, or go ahead without an inspection condition. Both ways have their risks, but could make the difference between getting a home or not in a multiple offer situation.