Wednesday, April 2, 2008

Nasty neighbors? Do you have to disclose?

In Georgia (where I am a licenced real estate sales person and member of NAR), there is not a question on the standard disclosure asking if you have nasty neighbors (yet anyway!) I was watching Good Morning America and saw this blip about a home with came with an unwanted pest- a nasty neighbor.

The Seller did not tell the Buyer he had serious issues with the neighbor. So the transaction took place and the new owner was so upset that he is suing the Seller for not disclosing this fact (they are in Arizona).

See this story at http://abcnews.go.com/GMA/story?id=4572108&page=1

Have you ever had a "nasty" neighbor? Tell me about it!

Do you think that a Seller should disclose a "nasty neighbor" is next door to a potential Buyer?

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