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Old 04-08-2013, 07:09 PM
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Default Re: House Buying in the USA

Definitely pass on the inspector's report. In addition to what is said above, once the seller is made aware of the issues, I think they then have to disclose them to another potential buyer as part of the purchasing process. I think the term is they become a 'material fact'. That means that even if they refuse to address the problems and you walk, they will face them with the next potential buyer.

ps good move on the attorney. We spent the cash and bought piece of mind moving through the process. Nothing major came up and we felt good about our Realtor, but there are a lot of documents and steps involved and it is good to have an expert who gets paid the same whether or not the sale goes through.
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