For years, I have wondered why other Real Estate Agents representing Buyers do not make their “Offers to Purchase” contingent on receiving an acceptable C.L.U.E. (Comprehensive Loss Underwriting Exchange) Home Sellers Disclosure Report. The report lists losses for which insurance claims were filed during the past 5 years for a specific address. Ask yourself this, if the property you are thinking about buying has had major repairs done to the structure as a result of a fire or water damage from frozen pipes or roof damage etc. in the last 5 years, wouldn’t you want to know about these things before you bought the house?
If the house has had Termites or Mold in the past those things should be disclosed on the “Seller’s Residential Real Estate Disclosure” which the Buyer should have before they make the offer. But I bet you didn’t know that if a house has had major damage resulting from a fire, water leaks, rodent infestations etc. and the repairs have successfully completed “No Disclosure is Required”.
My experience can save you Money and Heart Ache.
