HOUSES are big-ticket items and buyers want a good deal when purchasing one.
Location, pricing and condition are three key factors in determining if a home is a good purchase.
If you are buying a unit in the secondary market and the price is too good to be true, especially if it is located in a prime area, something may not be right — unless the owner is selling it because he/she is migrating, or he/she desperatelyneeds funds for children’s education.
Anyone who has bought a house at below market price should know that there could be hidden problems and challenges that could crop up and aren’t easily identifiable, even with the best of home inspections.