If you are looking for a home to purchase, don't expect the seller to give you all the information at their disposal. Here are some of the information property sellers rarely reveal:
Property sellers aren't obligated to tell potential buyers about local security issues. Since this is something that can affect property sales, few sellers will be volunteering the information to you. Therefore, don't expect a seller to tell you that there have been several muggings on the nearby biking trail or that there has been a recent spike in cases of vandalism. You have to do your own due diligence to understand the security status of the area.
Presence of Crazy Neighbors
If you expect a home seller to say anything negative about their neighbors, then you are in for a rude shock. The law doesn't require a home seller to tell potential buyers that the dog next door barks throughout the night or that the drummer in the next house likes to practice their trade at night. Who knows, maybe that is the reason the present occupier can't wait to get out of the home.
Their Motivation to Sell Fast
Another thing that a home seller may not tell you is why they are in a hurry to get rid of the house; in fact, they may not even admit that they are in a hurry. Surely, you don't expect them to give you negotiation ammunition, do you? For example, a home seller that reveals that they have to sell because they have started the purchase process on another house is shooting themselves on the foot. You can just play hardball during the negotiation and wait for them to cave in because they have no choice.
"Defects" That They Don't Have To Reveal
The law requires property sellers to disclose material defects; a material defect is s specific issue that is either unreasonably risky to people or adversely affects the value of the property. This means that if the heating system is old and has exceeded its expected life, the seller will not tell you about it as long as the heating system is still running. This is because wear and tear associated with old age isn't technically a defect. This means you can buy such a property only to have the heating system fail on you the next week.
The above information is still important even though property sellers may not reveal them. Your realtor can help you get the relevant information in other ways. Visit a site like http://www.sellingsanantoniohomes.com/ for more help.