"Oh, yeah... they used to do this every Spring", you now have leverage to come after them for non-disclosure of a material defect.
btw.... Morrighu's statement: "DO NOT let your realtor, lender, or anyone else involved in the transaction recommend an inspector to you. If they offer, take down the names so you can be sure *not* to call them by accident. " is totally bogus.
If you "trust" your Realtor, you have no reason to mistrust their recommendation of an inspector. We want you to have as good a home as possible, as one day, you'll likely call me and ask me to help you sell it. If there's a cracked foundation, or bad wiring... I want to know it, maybe as much as you.
Other things are disclosed so that they don't become bargaining chips later. For example, due to some straight line winds I've lost a few tabs off my shingles on my roof. The roof doesn't leak. There's nothing "wrong" but I might disclose that so that the buyer cannot try to demand a new roof during a sale.
Your best bet is to get a good home inspector to do a thorough inspection and either purchase a home warranty or have the seller do so.
DO NOT let your realtor, lender, or anyone else involved in the transaction recommend an inspector to you. If they offer, take down the names so you can be sure *not* to call them by accident.
Use ASHI and the BBB to find someone.
It's information about the home that the owner would like to share with you.
You will be more informed and more protected when you hire an insepctor working for you to tell you everything there is to know about the property.
In NC the property disclosure form asks 21 questions about the house and area around it. Things like about the roof, pipes, electric and streets. The seller can answer yes, no or no representation. The last means they are not saying yes or no and you as the buyer can figure it out yourself. Most sellers choose No Representation here in my market area. This document really doesn't tell you much at all if they choose No Representation and sellers choose it to avoid saying no to a question which could open them to a law suit in the future if it is believed to have been a lie. You can sue anyone for anything you know, the question is will you win. I don't find a lot of value in the document, but the NC law says you need it so we get it filled out and signed by all parties to a contract.