But in this case, no one is required to tell you anything. "as is" there is no baseline for what "is". A buyer can only do so much to protect oneself.
To me, it's a house I'm inquiring about ....not a person. If they don't want the information 'on the record' then perhaps they shouldn't make the claim.
Clearly I don't know all that people put on these claims. But this information, to me, isn't telling someone much that is personal. Only that they had a problem with the house and fixed it.
I understand that they bank hasn't lived in it and that I am buying an "as is". My worry is that what "is". If the CLUE report states a past issue, then the bank doesn't have to live in to know there was the issue. They just need the details of what happened. Who protectst the buyer when you the prior insurance company has this information but won't reveal it? And if I knew what happened before, then that would help me determine the "is" factor and the value of the home.
Transparency is key here. But unfortunately sometimes that isn't as easy as it seems.
I have the listing agent and my insurance company checking into this and will let you know if I have any success. But from the way things sound, it's hopeless to obtain this information.
Yeah, it does leave me with ... what is the point? I mean, 'water damage' is vague. And really if I don't know specificially what happened, how do I know if it was correctly fixed? Pipes aren't visible always. The roof looks fine. But something seems not quite right about this process. How can a buyer do their research if specific information isn't provided? It's like buying a car that has a report of "1 accident" on it. What happened? Was it front end damage? Engine damage? Bumper damage?
What about this is confidential/private? If someone filed a claim on something you are looking to buy.... who/what are they protecting exactly? If we can't contact the past owner... then shouldn't the insurance company be able to provide this info?
The inspection came back that everything looked ok. The water is now turned off and has been because it's a foreclosure. The person who owned it prior is unlisted.