[quote=SD Realtor]Issues such as physical condition of the home, termites, getting all of your due diligence done will depend on your own persistence.[/quote]
One of the risks in buying REO properties is the lack of disclosures, which can mask certain problems:
– Molds (because the previous owners were angry & flood the house by leaving the faucets running).
– Structural issues with the property.
Can one hire an inspector to detect these problems before making an offer ?
Which physical problems cannot be detected or very difficult to detect ?
