Is there a Seller Disclosures for REO properties?
None. The Seller has never lived in the property and therefore can not disclose what it does not know. There is not a former occupant we can contact to obtain information about the home. Rarely does the bank Seller obtain an inspection of the home. In those instances where the bank Seller has performed an inspection of one or all components of the home, we will provide you copies of the bank’s inspection for informational purposes only. For example, if we have been required to obtain a termite or wood destroying organism inspection we will provide you with a copy once an offer has been received and before a final contract is negotiated. If we have inspections of the roof, air conditioning, or other components of the home, we will provide those once an offer has been received but before a final contract is negotiated. These inspection reports should not take the place of your buyer hiring their own inspector. .
