REO properties are always sold without disclosures. This is because the seller never occupied the properties and therefore has no direct knowledge of any issues.
Unless a title search has already been done and is back and clear, I really dont see you closing in 5 days. For REO sales, the sellers always require the final HUD statement 48-72 hours prior to closing.
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Jumping over your agent isn't smart, if they are a numbskull then you screwed up choosing and using her. The seller shouldn't be jumping over her either. Several things about your question and the circumstances give me pause for concern....
I'm a certified appraiser for foreclosure homes - if you want to see what some of these look like before clean up - http://hounddogrealestate.com/category/foreclosure-videos/ you'll see why you need a systematic process when looking at these.
This makes it critical that the Buyer does the Inspections and that you have Inspection Contingencies!
I have never gotten a signed Contract from a Bank, just the Addendum.
If you don't get some Doc's from the Listing Agent; you may be able to request copies from the Title Company: They may also be included in your Closing Documents.
Good luck, God bless and have a good Thanksgiving.
Please see my blog for a full list of tips on buying a bank owned home
Van S. Purser - Managing Broker & Investor
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Sounds pretty standard for a foreclosure....they are always "ASIS" with right to inspect and with such an agreement disclosures are normally not included since the "bank owner" is not personally familiar with the subject property. it is expected that the buyer will take measures to protect themselves by conducting necessary and applicable inspections.
If you haven't done property inspections, it would be advisable to do so prior to making a decision and commiting additional money to this effort.
Where is your agent in this process? They should be able to answer your questions and assist with a seamless transaction in which your personal interest are protected.
If you feel that things are not as they should be, it's always advisable to consult an attorney for their opinion and professional advice.
I'm not sure your question was worded correctly. It sounds like you may be purchasing a HUD home. When an offer is accepted on a HUD home, they will send you the addendums and you have 48 hours to get the paperwork back to them with a certified check.
If it is a HUD home you typically have 45 days to close. I am not sure what closing date given is only 5 business days after deadline for contract of sale means. What was the closing date on the agreement of sale? Does the addendum change that closing date?
Your agent should be helping you.
Prudential Patt White Real Estate
Lehigh Valley Office, PA