How Do You Obtain Full Disclosure When Buying A House?
For decades, laws in many states favored home sellers, leaving buyers with warnings of “buyer beware” that were backed up in the law books. However, things have changed, and homeowners are now compelled by law to provide full disclosure of known defects when selling a house. You can obtain full disclosure when buying a new home by knowing what to ask for and whom to ask. Obtain a copy of the seller’s home inspection report. You can ask the seller to provide this directly, or you can contact the sales agent’s office to request one. While it may not necessarily be required by your state law for a seller to provide a home inspection report, someone who has nothing to hide should be more than happy to show you one. Ask about any areas of the house or property which might be shared with adjacent properties. If you’re buying one half of a duplex, you should know exactly where the line dividing up the driveway sits. Find out exactly where the property lines are drawn. Property line delineatio
