It is absolutely critical to disclose all material facts

By
Real Estate Agent with Sotheby's International Realty

A buyer was about to close escrow on a property which is in close proximity to the 405 freeway and was not aware that the freeway was being widened. This info has been all over the news and yet this is a material fact that the seller and yes, agents, should have stated in writing in the various forms. The buyer cancelled the escrow. Lesson to share -- it is absolutely critical to disclose all material facts even if a seller thinks that the buyer should "already" know.

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