Oct 7, 2022
Episode 29: Ninety-four percent of homeowners admit to not disclosing property defects when selling their home. Home buyers then move in and uncover shoddy repairs and cover-ups. The percentage is alarmingly high, and particularly worrisome given that so many buyers recently waived their home inspection contingency to purchase a home in a competitive real estate market. Let’s dive in to what home sellers are lying about, and the potential repercussions for doing so.
Stay tuned for part 2—coming soon! We’ll have more frightening stories in real estate and spotlight the red flags home inspectors are finding with DIY home projects.
*The ideas and comments expressed are my own.
Survey: 94% of Sellers Don’t Disclose Property Defects
For Realtors: Waiving a Home Inspection Contingency? Don’t Blame Me!
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