In today’s blogpost, I want to share a very important tip when it comes to inspecting foreclosed properties: You should always inspect during daytime, here’s why…
One aspect of doing your due diligence is inspecting the property. However, most foreclosed properties out there will have no electricity because it has been disconnected due to non-payment, so you might not be able to see things clearly inside the property with no lights.
Note: Yes, you can bring a flashlight, but based on experience, it’s not really effective.
This can make it unsafe/dangerous because there might be hazards inside the property that you might not see, like holes/excavations that can make you trip, or you can even fall into them (if big enough).
Also, if a foreclosed property is old and dilapidated, you might also encounter other things that are unsafe like debris, parts of the building that might fall on you, floors that might cave-in, and other hazardous things you might encounter.
I’ll show to you what I mean and explain further through the following short video (It’s less than 3 minutes long!).
Sources for clips used in the video:
Video clip 1: https://goo.gl/202A9A
Video clip 2: https://goo.gl/YTPgFV
How about you, have you encountered something similar while inspecting foreclosed properties? Let me know by leaving a comment below.
Stay safe and have a Happy Halloween!
P.S. – Don’t forget to share this video to your friends.
![Why invest in foreclosed properties in the Philippines? + Top things to consider [Video]](https://www.foreclosurephilippines.com/wp-content/uploads/2023/03/video-how-to-invest-in-foreclosed-properties-in-the-philippines-v3-728x410.jpg "Why invest in foreclosed properties in the Philippines? + Top things to consider [Video] 5")
tama po kayo Sir Jay, salamat po sa mga emails niyo. nais kolang pong matotonan ang bagay na ito dhil hidi parin po ako naggi gave up sa dream ko na magkaroon ng sariling bahay kahit na maliit lang basta akin. kong hindi niyo naitanong may kinuha po akong bahay at nabayaran ko ng 108k with in 1 yr & 3 mnths equity hard earn money, sa madaling salita hindi ko ipinag patuloy dhil nsa mother title pa ang unit na npili ng kapatid ko at hindi rin kaaya aya ang location ng na pili at hindi pa ito naita tay,smaka tuwid hindi kayang ipasok sa banking finance, ngunit ganon paman hindi ako sumosuko sa dream ko hanggat may hininga alam ko may mga pamamaraan pa at salamat sa inyo maaaring maka tulong ang emails niyo para makamit ko ang pangarap ko..salamat po..
Yeah,you’re absolutely right Jay! Foreclosed properties should be visited&inspected in broad daylight to be able to ascertain clearly & well the whole condition of the property,the amount of improvements that must be done,the neighborhood;whether the area gets flooded during heavy downpour; is the vicinity peaceful &safe& accessible to basic necessities like market,school, church etc.Lastly, find out about the means of public transportation around the area.
Thank you Nanay Marie! Just curious, any feedback on the last video clip (it was my “halloween special” video)? 🙂
Thanks again!