Re:Zillow Said to Be Seeking to Buy Rival Real-Estate Site T...
by joeframbach on Thursday July 24, 2014 @08:09PM
(#8083105)
You come across as very naive here. "Seller is responsible for X years (3 I think?) for hidden issues." So, you need a method of determining if an issue was existing-but-unnoticed vs new-and-buyers-fault. How would you make that determination? With a home inspector whose word is good and whose work is thorough.
House is sold as-is. Buyer is responsible for finding all visible issues. Seller is responsible for X years (3 I think?) for hidden issues. Done.
> radon testing
Buyer is responsible for testing. The city can tell you if a certain area is at-risk. Sellers usually provide long-term testing results. You can add a clause to the contract stipulating that if radon level is higher than X within Y years, cost of fixing is split between seller and buyer by Z.
> title searches
What is that? googles Oh. No, we have good public record-keeping, you don't need to pay third parties to trawl decentralized piles of unorganized records.