Has the seller provided their agent all the “Disclosures” to the property, including the Transfer Disclosure Statement?
California requires sellers to prepare a written disclosure of material facts about the home. Sometimes it is prudent to ask your agent to view a copy with you, prior to making an offer to purchase, depending on the property. Many times properties are offered, “as is” – meaning the seller will not pay for any repairs. The seller and the listing agent still have a duty and obligation to disclose all material facts and defects of the property. If the defects are severe, the buyer may either cancel the offer or ask for a discount off the purchase price to repair those items.
