Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal



Real Estate Classifieds
Reviews & Feedback
Updated over 1 year ago on . Most recent reply

What does "The property needs structural support from underneath" mean?
Hi,
I am a new investor apparently negotiating my first deal. The property is in a good neighborhood of Worcester county, MA, and it's being sold as - is. However, in the description, It says "Property needs structural support from underneath, Replacement of tight tank is buyer's responsibility, and the sale of this property is subject to obtaining a License to Sell from the Worcester Probate and Family Court."
I haven't signed anything yet but right now I am some what skeptical because of these statements in the description which I had not paid a lot of attention to due the property's location.
"Property needs structural support from underneath", and "the sale of this property is subject to obtaining a License to Sell from the Worcester Probate and Family Court."
Please advise on how to best proceed in a situation like this. Very much counting on your experience.
Thanks!
Most Popular Reply

if you are first time investor, just run away.
This is similar like someone buying used car after a total damage.
If you have experience with huge reserves, then it's possible to chase this opps.