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Estate Sale and Seller Disclosure not required?


I am interested in buying a property and have been told that since it is an estate sale (the seller's 87 year old mother owned the house), the seller is not required to provide a seller's disclosure statement.

Is there truth to this?

Depends on your state's laws. Ask a local attorney.

Most bank will not lend money.

1. Without inspection and Seller disclosure.
2. They will land money if you are financial strong and you can secure the loan by promissory note also this means that you really do not need the loan,you can buy the house with your own money but you want some cushion so you are asking for a loan.

So ask you banker or any loan officer at any institute in the general area.

If it is sold "as is" normally no disclosures have to be made.

However, this puts you on notice to really research the property. AND it also says they expect it to be sold cheap cheap cheap.

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