2 ms·
> the property doesn't come with a seller's disclosure. Which is probably a standard clause for a foreclosure? If he bought it from a bank, it's almost certain
by maratd 14y ago
> the property doesn't come with a seller's disclosure.
Which is probably a standard clause for a foreclosure? If he bought it from a bank, it's almost certainly a foreclosure.
Foreclosures can be a great deal, they can also turn out to be a horrible investment.
He should have hired an inspector. He should have done it even if it wasn't a foreclosure. An inspector should be somebody you find. Not your lawyer, not your real-estate agent. You. They're the only person in the process looking after your interests. They inspect many homes and know exactly what to look for. You don't.
At the end of the day, this is 100% his fault, but what's done is done.
I would pressure the bank's real-estate agent. They really don't want to be known for selling meth labs ... and they probably have contacts on the inside.
They might arrange for the bank to pay for the necessary clean-up, if such a thing is even possible.