Posts Tagged ‘disclosure’
Listing Agent Has to Disclose Family Relationship With Buyer
Question: We listed our North Phoenix home with our neighbor who is a real estate agent and also a Realtor. The next day we accepted an offer to purchase our home from a Limited Liability Company (“LLC”) buyer. This LLC buyer planned to remodel our home, and then “flip” our home to another buyer. Our…
Read MoreSoil Settling Problem Should Be Disclosed
Question: In the past three years there have been several two-story homes in our Ahwatukee subdivision that have experienced ‘soil settling’ problems. These soil settling problems include cracking of walls and the inability to close doors and windows. We own a one-story home and have never had a soil settling problem. Furthermore, we are unaware…
Read MoreHistory of Lead-Based Paint Must Be Disclosed
Question: We are both retired and buying a home in south Scottsdale. The home was built in the 1960’s. We recently received from our real estate agent a pamphlet on Protecting Your Family From Lead-Based Paint and other information about lead-based paint (“LBP”). Now that we have this information on LBP, we have no idea…
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