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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: GraceZ who wrote (2820)6/19/2002 11:31:19 AM
From: TradeliteRespond to of 306849
 
re: homes where murders occurred

Failure to disclose this item and similar things (such as the fact that an AIDS victim once lived in a house) might be easier to prosecute in some states than others. Depends on how the real estate rules are written (and how strong the real estate lobby happens to be in the state legislature).

The issue of disclosing re: "tainted" properties has been kicked around by many folks for a long time.



To: GraceZ who wrote (2820)6/19/2002 11:36:08 AM
From: TradeliteRespond to of 306849
 
<<Who protects the guy who sells his house or car below market because he doesn't have a good idea what price it would fetch? >>

Under real estate regulations in my state, you could definitely file a formal complaint against any broker who incompetently priced your house. If you sell it yourself, you're on your own.


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