Yes, Home Sellers do mask defects
Yes, you can protect yourself.
You can create a viable buffer with these two powers.
Dishonesty cost sellers a bundle - and thankfully, the listing Agent saved their real estate company from bearing the brunt.
Home Verified Reports from GEOWarehouse are available to explain what INSURANCE history may have occurred at that address.
Have there been any claims for fire, flood or theft? Wind or Storm damage and especially any criminal activity.
Home Buyers Insurance
Dishonesty cost these buyers Nothing. With Home Insurance available from CHS Safe Close TM
You are protected from irrecoverable costs related to Premium Home Systems and Appliance Breakdown for a 6 month period commencing 15 days post the closing of the sale.
Simply put, you are not only covered for appliances, you are also covered for major systems like your Central Heating System, Built in Wall Units, Central Air Conditioning, Heat Pumps, Interior Plumbing, interior Electrical or Owned Hot water Heater.
This exclusive offering is only available when you purchase your home with the David Pylyp Home Buying Team TM. Insurance is provided by Rhodes and Williams Limited.
Call for details today. 647 218 2414 http://BuyinginToronto.ca
Showing posts with label Flood. Show all posts
Showing posts with label Flood. Show all posts
Saturday, September 20, 2014
How can you protect yourself from dishonest sellers?
Sunday, July 21, 2013
So they lied about the flooding....
You bought it... They said the basement was dry. You have an SPIS.
Cellar flood among wave of lawsuits from disclosure formSeller Property Information Statement has prompted over 200 court cases since 1997 In the wake of widespread flooding in Toronto last week, I’ve had a number of phone calls and emails from people trying to sell their properties. They ask about their legal obligation to advise the buyers of a flood which occurred after the signing of a purchase and sale agreement, but prior to closing.
.... After inspecting the property, Adam and Olga Soboczynski submitted an offer which was prepared by an agent who was a friend of the Beauchamps — the sellers of the home. The offer was accepted with a price of $290,000.
Before the offer conditions were waived, the sellers delivered to the buyers a Seller Property Information Statement (SPIS) which was provided to them by the agent. The form is published by the Ontario Real Estate Association (OREA).
In the SPIS, the Beauchamps stated the property was not subject to flooding and they were not aware of any moisture or water problems. At the bottom, the form states that the sellers will disclose any “important changes” to the buyers before closing.
After receiving a favourable home inspection report, the buyers waived the conditions making the offer firm and binding.http://www.aaron.ca/columns/2013-07-20.htm
Litigation [suing people] is incredibly expensive. All of this could be avoided with the purchase of a Home Verified Report that we offer to all our home purchasers as part of their due diligence.
Are you ready? Lets get started http://BuyinginToronto.ca or call 647 218 2414
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