Profile picture for carmen mendoza

if a buy a home would they tell me the history about any home i want to buy

  • August 16 2011 - Sunnyvale
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Answers (3)

Best Answer

Carmen
when you purchase a property the list agent or owner MUST disclose any or all past history they are aware of..... but they obviously must be
cognizant of any problem in order to disclose!... so you need to keep
your eyes open and observe!!!!
Good Luck!
  • August 16 2011
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In California, the seller is duty bound to disclose all material facts about the property. This is done in the the transfer disclosure statement. Foreclosures are exempt from this statement. This does not mean sellers know to or actually fill out a very complete history.
  • August 16 2011
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If you are buying a standard sale or short sale, yes.  The owner is obligated to fill out a questionnaire that will disclose all relevant information about the house including any deaths in the last 3 years.  If you are buying a bank-owned property, the bank is exempt since the bank as the seller did not live in the home except if they knew of any material facts that were brought into their attention by the previous homeowner.  Home inspection is very important in buying a home.  Hire a really good home inspector so you can protect yourself.  Don't be shy in asking questions if the house is still occupied.
  • August 16 2011
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