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Updated over 6 years ago,
Distressed property MLS as-is. How should inspection process work
I am a beginner at purchasing distressed properties. I have one I am interested in that's listed on the MLS. An investor purchased the house at the end of last year and it's now back on the market without remodeling anything. Red flag? The sellers disclosure states "NA" in all locations and is no help. There is no electricity or heating/cooling turned on in the house. It's been on the market for over 150 days.
With that being said, what steps should I take prior to submitting an offer to protect myself and my investment? Request inspection prior to purchase? Make offer contingent upon inspection? Meet GC at site? Any help is very much appreciated!