July 21st, 2009 | 
Author: Big Bear Lake, California is a terrific place to find property. If you’re hunting down Big Bear homes, bank-owned property can be a great opportunity. For one thing, these properties are usually a lot cheaper. Although with these types of Big Bear homes, there can be certain other issues you have to deal with.
Because the bank doesn’t know very much about the history of the homes they foreclose on, they are immune from disclosure requirements. This means they don’t have to provide any disclosures that relate to the general condition of the home, even Big Bear Lake homes. The house could have flooded numerous times and be chock full of mold, but they don’t have to tell you because they probably don’t know about it.
A quality home inspector is crucial when shopping one of these Big Bear homes. Your inspector should completely check every aspect of the property to a neurotic extent.
The home inspector is the guy that will be able to tell you if the electrical work done to your house is up to code or if there are improperly installed wires that could be a fire hazard. The home inspector will be able to tell you if it looks like the roof is leaking in numerous places and in need of repair. The home inspectors I recommend will even check the temperature of the oven to make sure it is operating properly.
You will spend on average about one thousandth of the actual home price to have inspectors thoroughly examine most Big Bear homes. It is definitely well worth the minor expense.
It is always better to know what you are getting into from the onset. Even if a home is brand new, it is always a good idea to check everything anyway. Some builders may not be as good as others and do things in a shoddy or completely wrong manner. Knowledge is power.