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Resale type house

Posted on: 14th Mar, 2013 11:08 pm
I am looking to buy a house and heard of this “resale type house”. Can someone explain what it is all about?
Hi BigBang,

As far as I know, a resale home is a type of house which someone else has owned before. Mostly, it is a home where people have lived in whether they bought it new or not.
Posted on: 14th Mar, 2013 11:29 pm
Just check out whether or not the property has got any sort of lien or debt attached to it since once you buy it you may become liable to meet all those legal obligations.

Moreover, take a competent home inspector with you in order to find out the condition of the property.
Posted on: 15th Mar, 2013 07:41 am
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