Quote:
Originally Posted by outlaw
There's a reason we now have full disclosure laws for the real estate industry. I have dealt with numerous RE agents over my life and can recall many instances of less than full honest transactions. Sorry, but your industry is no more honest than the auto dealerships or the financial industry. Just a few examples; "buy now before the build out is complete", selling seven year old rental homes as "new" homes, daily advertisements for new homes with prices NOT including the several thousand dollars bond.
|
Full disclosure laws have been in effect for many, many years. These laws are nothing new. As a matter of fact, both buyer and seller should be signing a seller's disclosure. The form is a legal document in the event a problem arises regarding what is stated about the property.
I don't know in what field you were employed, but I can guarantee there were some undesirables working in your field also. So let's get beyond that those who work in one specific field lie more than another. I've never heard of anyone selling a 7 year old rental home as new, and there are laws that protect buyers from those kind of lies.
In The Villages, I have not seen a house for sale that included the bond unless it was so stated in the listing. That isn't such a big deal because the bond is part of full disclosure. Most people don't even know what the balance is of their bond!