What exactly does "No Survey Nor Disclosures" mean as it relates to a sandbank owned property being sold within "As Is" condition?
Answers: The law exempts them from providing a property disclosure statement. They won't earnings for the survey. Do your research. before you construct an offer. Make sure they propose a marketable title, and / or title insurance.
Disclosure are like termite, organize, etc. When it's sold as is the bank does not fastidiousness. Banks, they don't care). The property is sold as is and its your responsibility to get and inspection on the property past close of escrow. There are no warranties, disclosures, inspections done on the bank's behalf nor will any repairs be done.
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Answers: The law exempts them from providing a property disclosure statement. They won't earnings for the survey. Do your research. before you construct an offer. Make sure they propose a marketable title, and / or title insurance.
Disclosure are like termite, organize, etc. When it's sold as is the bank does not fastidiousness. Banks, they don't care). The property is sold as is and its your responsibility to get and inspection on the property past close of escrow. There are no warranties, disclosures, inspections done on the bank's behalf nor will any repairs be done.
Resolved Questions: