Are you getting a deal or inheriting someone else’s problems?  Due to recent economic conditions, we have seen  a record number of foreclosed or distressed properties on the market. Nationally foreclosures are decreasing. Bluegrass homes have fared very well and have had fewer foreclosures than almost any other state. There are however still some “deals” to be had for the savvy buyer.  Just be aware that things are not always as they seem and that most, if not all of these properties are being offered in their “as-is” condition with no warranties expressed or implied. When considering purchasing a foreclosure you shoule refer to RISMedia‘s article that uncovers 10 signs that may indicate that trouble is around the corner.
Also, check with your Milestone Realty Consultant about purchasing a Home Warranty.  This could be the best money you ever spend!