Hi Jackie, I am a Realtor in the Millington area. I am newer to Trulia and just happened to notice your question posted from a few months ago. If you are still searching for a home you can contact me and I would be more then willing to help you out with your home search!... more
You are correct in being cautious.....pay attention to your "gut feeling" and do not ignore red flags. The right thing for all sellers to do is disclose, disclose, disclose....but this isn't always the path that is followed.
As a buyer, if you have concern, consider having your agent include an addendum that specifically addresses the issue and allows you to cancel you purchase offer with no penalty to you.
Buyers should always take advantage of their opportunity for a home inspection. This will also help to protect you best interests with regards to issues of concern.
I am most sorry to say: absolutely. Until someone of a higher power, i.e. the Federal Government, does something MAJOR to force banks to act otherwise, they will continue to work by their own set of rules, bypassing all ethical and legal guidelines the rest of us are required to follow.
Disclaimer: I am a licensed real estate broker and property/casualty insurance agent in the State of Ohio, providing information and sharing experiences acquired over 15 years in the industries. I do not profess to be qualified to give advice in any other field, though will share opinions and information obtained during my course of work. It is always highly recommended that consumers seek counsel from a specialist in each area in which there is a question or concern.... more