Buying Houses with Code Violations

[Account Closed]

I bought a house for $1...not $1 deposit...but $1 total purchase price. Here's how I did it: [LINK REMOVED]

Has anyone done this before?

[Timothy W.]

Even though this is a dubious post and an even more dubious youtube video (you WILL NOT go to jail for code violations....get real dude), I am going to address this issue of buying houses with code violations. Code violations are a blessing when you are buying as they are known and documented issues with the house for negotiation purposes. You simply get licensed contractor bids for repairs and when you have it repaired you have documented compliance with the local building department. This is a very good thing.

Buying a house with code violations is actually a blessing