
Saturdays in the
Home Section
August 25, 2001
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Robert J. Bruss
PO Box 280038
San Francisco CA
94128
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DEAR BOB: My daughter placed a bid to buy a HUD foreclosure house. She was awarded the house. But after she thoroughly inspected it, she realized it would be a "money pit" to get it into livable condition. She refused to complete the purchase but had to forfeit her deposit. Is this customary?
--Mildred H.
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DEAR MILDRED: Yes. VA and HUD foreclosure homes are sold "as is." That means there are no warranties or representations "Buyer beware" is the rule, as your daughter discovered the hard way.
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Tribune Media Services inc.
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