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Reply to "MD disclosures-- are people honest? Which ones scare people off?"
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[quote=Anonymous]We purchased our home from an agent-owner (2020). In my opinion she over-disclosed to the point where anyone getting her report would have been scared off immediately, and I think this is why we got such a great deal on the house. It had been on the market for 6 months with no takers and I truly believe it had to do with her extensive and exhaustive list of disclosures. Our agent really helped us in this regard by taking a very pragmatic approach with the report and helped us not panic and focus on only the items that were really concerning - mostly related to structural issues. We loved the house enough to hire a structural engineer who confirmed that the issues the seller disclosed were actually non-issues. It was the best money we spent. She also disclosed that the 71 year old neighbor was planning to tear down and rebuild possibly obstructing our views. Our agent met with the neighbor personally and found out he had no intention of tearing down and rebuilding and that our seller was referring to a very old conversation they had - in passing. Something akin to "yeah one day I'm going to tear down and rebuild...". We also went to the city to verify nothing had been submitted by him ever for this project, no permit had ever been requested. [/quote]
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