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[quote=Anonymous][quote=Anonymous][quote=Anonymous]On several properties we have recently looked at, listing agent makes it clear that information learned during a pre-inspection is for our purposes only and should not be shared with the listing agent.

I understand that in this market, pre-inspection findings are not usually points of negotiation but solely information for potential buyers. But this reeks to me of "knowing" there is something wrong, but wanting plausible deniability (la la la, holding my ears) if they never 'actually' learn it is an issue.

In one of these houses, we scheduled a pre-inspection and within 5 mins, the inspector found a huge crack in the foundation that seemed to span the length of the house. It was obvious there were several previous attempts to patch (cover) the crack but it re-emerged. Inspector's opinion was to walk away from the house, and we did - no regrets. But I have to believe both the seller and listing agent "know" about this and are trying to sell the house without having to disclose.

My lesson in all of this -- a pre-inspection is money WELL-spent. Major bullet dodged.

Anyone else think this is completely unethical of the agent/seller? Are you at all concerned if a listing agent writes this about a property you are considering?[/quote]

Did the sellers disclose or disclaim?

[/quote]

I think they left a copy of the disclosures at the house and almost positive they did not disclaim. Either way, it seems like they knew about it but were trying to avoid having to acknowledge it based on an inspection (like they knew it would come up and just didn't want to hear it or have to share once made aware of the issue.

For comparison purposes, we looked a house in CCDC not that long ago (so still during a crazy housing market) where there was a slant in the floor. When we asked the listing agent about it, they told us that there was some sinking in the foundation and had a report to review which discussed the issue and the estimated cost to fix. This seems like a much more above-board way to handle a similar situation. You would obviously want to assess the situation with your own inspector/information, but they weren't trying to hide it. [/quote]

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