tag:blogger.com,1999:blog-9198217906327726723.post7715796621035493494..comments2009-10-25T22:13:04.003-05:00Naheed Amdanihttp://www.blogger.com/profile/14795201203580900187noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-9198217906327726723.post-69494556241395857152009-10-25T22:10:34.064-05:002009-10-25T22:10:34.064-05:00A typical foreclosure sale is "as-is", yes. However, in certain circumstances, I have seen banks complete some repairs or provide credits towards inspection items.Naheed Amdanihttp://www.blogger.com/profile/14795201203580900187noreply@blogger.comtag:blogger.com,1999:blog-9198217906327726723.post-1018341627447930362009-10-24T04:50:43.156-05:002009-10-24T04:50:43.156-05:00Foreclosures are sold, as is, right?Americaneerhttp://www.americaneer.comnoreply@blogger.comtag:blogger.com,1999:blog-9198217906327726723.post-89899248000057012292009-10-19T13:08:45.524-05:002009-10-19T13:08:45.524-05:00I don't think it's necessarily unfair. After all, the bank would not have the requisite knowledge to complete the disclosures -- it's equally, if not more, unfair to ask the bank to complete forms without any actual knowledge about the condition of the property. When buying foreclosures, usually the buyer is getting such a great deal that most buyers don't seem to care about the disclosures! Whether or not that's the right attitude, who knows?Naheed Amdanihttp://www.blogger.com/profile/14795201203580900187noreply@blogger.comtag:blogger.com,1999:blog-9198217906327726723.post-51814111493153743152009-10-16T18:05:33.875-05:002009-10-16T18:05:33.875-05:00So in case of bank owned foreclosed properties, the buyer is at quite a disadvantage since the seller is not required to complete a property disclosure form. The rules favor/facilitate the bank, rather than Joe the Home Buyer, in this type of sale! Fair or not?Americaneerhttp://www.americaneer.comnoreply@blogger.com