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virginia: Taking The Property Condition Warranty Away from Home Buyers in DC Area - 01/12/12 03:30 PM
Recent changes to our local Regional Sales Contract have taken the property condition warranty from buyers and have lowered the standard for the transfer of all resale properties to those of foreclosures and other "as-is" properties. Although this change was made to remove the conflict that occurs when negotiating home inspection repairs, this anti-consumer change is designed to shrink the gap between traditional home sales and foreclosure sales, a market that some agents fear will hit the market in the coming years.
As an exclusive buyer agent, I find this change appalling.
 
1. The DC real estate market … (4 comments)

 
Danaincar Rainmaker_large

Dana Hollish Hill, Exclusive Buyer's Agent

Bethesda, MD

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Buyer's Edge Company, Inc.

Address: 4919 Hampden Lane, Bethesda, MD, 20814

Office Phone: (301) 657-1475 x 313

Cell Phone: (202) 271-5301

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