Asked by David Kurtz, 95006 • Tue May 18, 2010
causes for concern. I feel that I'm up against the seller (bank) and the real estate agency. Here are some of my concerns. I would appreciate any feedback. The property for sale is 'as is' and is cash only. The seller is requiring a great deal of details about my finances, which I have supplied. But I know absolutely nothing about them except they are bases out of state. With all the problems to the economy caused by banks recently I would like to know something about them. IS THERE ANYTHING I CAN LEGITIMATELY ASK OF THE BANK (such as their name, location, etc)? The realtor is requiring that if there are any inspections that they should get copy of results. IS THIS COMMON? The realtor wants to handle the escrow. CAN I CHOOSE WHO WILL HANDLE ESCROW? Seller says that deal is 'as is' and will pay nothing toward any repairs. However, seller contract also specifies that buyer must submit list of repairs and get any repairs approved by them. This sounds just wrong. Advice please!
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