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> An important take away from this article is simply the perils of home buying ... it's really easy to make a very expensive mistake. This article was interest
by fbonetti 8y ago
> An important take away from this article is simply the perils of home buying ... it's really easy to make a very expensive mistake.
This article was interesting but I don't think the author was at any risk of making a financial mistake. At the end of the day, Sunrun had a lien on the property. The title company and the lender would not allow the sale to go through unless the Jug estate was able to deliver a clear title. If the title company somehow missed the fact that Sunrun had a lien on the property, the author's title insurance would cover the damages.
> Check everything out with true third parties and be ready to back out.
The insurance company, title company, lender, and home inspector are already highly incentivized to ensure that the property isn't a dud.
- georgeecollins 8y agoYou are right. He made an arrangement to have the seller remove the equipment that SunRun itself said was rare. People don't often accept surprise problems in homes with less negotiation. Don't do that.