tj444
Posts: 7574
Joined: 3/7/2010 Status: offline
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quote:
ORIGINAL: Phydeaux quote:
ORIGINAL: tj444 quote:
ORIGINAL: Phydeaux quote:
ORIGINAL: tj444 quote:
ORIGINAL: Phydeaux quote:
ORIGINAL: tj444 quote:
ORIGINAL: Phydeaux A point that has been missed, for the record. When a homeowner buys a home - they are notified about lead hazards (by law). It is the *homeowners* responsibility (or in the case of rentals, the landlord) to fix or remediate lead issues. They are supposed to be notified but that doesnt mean the new buyer will actually be notified, a sleazy seller can lie about it (then its up to the buyer to sue him/her and try to collect, if they have any money left by then).. and if its a bank or someone that hasnt lived there then they dont need to notify a buyer about squat, cuz they can say they didnt live there so didnt know.. so buyer beware applies!... You also are wrong. Residential buildings before 1978 are required to have this warning. If they do not, the buyer is entitled to sue to recoup his costs. Banks are far more stringent in the observation of this than private homeowners, due to the downside costs to them. I have never seen a bank fail to notify. really? well, I tried to buy a property from a bank/mortgage corp and they didnt notify me of anything.. You are expected to do your own investigation to satisfy yourself on anything that is important to you.. I suppose you also believe that banks foreclosed on all properties in accordance with the law (but of course we know that isnt true since they have/are paying big fines to avoid prosecution)... (the foreclosure on that property wasnt done properly so i cancelled the purchase of it) That is why buyers should have a damn good property inspector and do their own diligence in all matters concerning the property.. Its never a good idea to trust anything a seller or realtor or bank tell you anyway.. verify, verify, verify.. I can't really speak to what you mean when you said - you tried to buy a property and they didn't notify me of anything. By law, before you make an offer, they are required to notify you. There is a standard form that is included in every transaction. Additionally, before closing they are required to include another form, and they are required to give you 10 days to inspect. Most closing transactions run to 45 -100 pages and most people dont read them. But if you do, you will find those disclosure forms are always present. Assuming they are following the law (big assumption), they are only required to notify you of actual conditions that they are aware of.. if the building wasnt tested for lead then they can claim they didnt know so dont need to notify you of something they say they werent aware of.. Yes I have seen the form but the form is blank cuz they say they didnt live there so they "dont know anything about it".. like I said, they dont notify you of squat so its pretty useless.. And as I said, buyers should have a damn good inspector go thru the property.. And its pretty sleazy to give a buyer 45-100 pages of docs a few days before they are to move in.. How many hours would you sit in the Title Company/lawyer's office reading all that? They dont want you to, they wanna rush you out asap.. Not true, they are required to issue a lead warning if the house was built prior to 1978. But besides that - you want them to be required to notify you about violations they DONT know about????? Really??? How about you take some personal responsibility - and do like everyone else in the known world does - you get an inspection to make sure the property you want is as it appears - whether it has termites, enviornmental contamination, outstanding easements, open permits, working toilets, valid roof. etc etc. Last word is yours - I'm done with this topic. You want everything handed to you on a platter - I think you are responsible for your own life. omfg!.. didnt i already say that people need to get an inspection done by a good inspector (that doesnt give kick-backs to realtors for referrals) and not to trust anything a seller or realtor tells them? didnt i say people need to do their own due diligence? I was simply pointing out that sleazy sellers and sleazy realtors do lie or hide the truth and that anything they say cant be trusted and if its important to you then you need to check it out yourself??? Havent I said all that repeatedly? No where did i say i wanted everything "handed to me on a platter" or that they are "responsible" for me.. (this has nothing to do with me cuz I do my own due diligence regardless)..
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As Anderson Cooper said “If he (Trump) took a dump on his desk, you would defend it”
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