When the real estate market is in flux, buying a foreclosed home can be one of the best deals around. And while now is a great time to buy a home, especially for first-time buyers, HouseMaster, the first and oldest home inspection franchise system in North America, is encouraging homebuyers to remain cautious of the many issues that lurk below the surface.
According to HouseMaster, not all foreclosures are a great buy and if consumers are not fully educated on the property or the process, a buyer could potentially make a poor investment decision.