12-20-2008, 12:05 PM
quote:
Originally posted by Fishboy: Information here is deemed reliable but not guaranteed...
In many instances I would agree with you about Form 17, Brian and Mary. However, there are often times when a property is being sold that the seller doesn't know a thing, and Form 17 isn't going to be worth anything to the buyer. Some examples: The true owner has died, and the "estate" or executor is selling the property who has never lived in it, it's a short sale and the owner doesn't give a hoot anymore, it's an auction on the courthouse steps, or it's a bank owned property the bank has hired a Realtor to sell. Their (bank) disclosures tell you plenty of what they don't know, not what they know. The disclosure is only as good as the conscientious seller filling it out. I'd hate to see someone looking to purchase a property to expand it or use it for a purpose the seller said the buyer could use it for or do, only to find out after he's bought it that he can't. That's why a buyer needs to do his research and/or pay someone to do it for him. It's also a liability issue, which is another reason for the caveat to buyers. Make sure you know what you are buying. Concerning, your thoughts on
quote:when was the last time you read the literature that came with a prescription? Talk about disclosures. Unfortunately, in our world today, lawsuits abound, and disclaimers are everywhere.
anyone who makes a statement that qualifies the product or service they provide, doesn't have complete faith in what they're selling,
Pua`a
S. FL
Big Islander to be.
Pua`a
S. FL
Big Islander to be.
S. FL
Big Islander to be.