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| Disclosures From the Seller: |
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| Although you have toured the property, looked at the walls and
ceiling, turned on the faucets and played with the light switches,
you have not lived in it. The seller has years of knowledge about
his or her home and there may be some things you want to find out
about as quickly as possible. For this reason, you will require
certain disclosures as part of your offer.
Basically, you want the seller to disclose any adverse conditions
that may have a substantial impact on your decision to purchase
the home. This would include any problems with the house, whether
the property is in a flood zone, a noise zone, or any other kind
of hazardous area.
If you have an agent representing you, this is almost automatic,
but many states do not require individuals selling their own
home to provide you with this information. Often they do not
require banks selling foreclosed property to provide these disclosures,
either. Obtaining these types of disclosures should always be
a part of your offer, and time is of the essence.
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All information deemed reliable
but
not guaranteed and should be independently verified. All properties are subject
to prior sale, change or withdrawal. Neither
listing broker(s) nor Thompson Realty Inc. shall be responsible for any
typographical errors, misinformation, misprints and shall be held totally harmless.
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