[bsrsharma]

am i required to disclose about this

Yes.

We bought a home that was involved in a similar suit about water logging, drainage and resultant differential settlement (of soil) issues. We were given a few microfilm reels of legal paperwork during disclosure (the litigation happened in the ’80s). Being a nerd, I even went to a library and read some of the microfilms and concluded most of the issues litigated were fairly minor. The seller got an award and used it to put some french drains. When we sold the house, we disclosed and handed over the microfilm reels (not sure if the buyers understood what to do with them; This was in 2005, when microfilm was obsolete).

The important thing is, our agent asked us if there was any lawsuit regarding our property and wanted enough information so that we were all on safe ground with respect to disclosure.

[bsrsharma]

Buyer’s agents are very helpful and essential for a first time buyer. For others, in a buyers market, if you feel the need for an agent, you are not ready to buy and you should do more homework. (I believe an agent, like any other human, puts his interests above a clients interest). Also, things work better, especially when buying REO, when you use the same agent (or an agent’s close friend) as the seller’s agent after you have done your homework . The empirical formula for getting really good REO deals seems to be Cash + listing agent with incentive!

[bsrsharma]

Buyer’s agents are very helpful and essential for a first time buyer. For others, in a buyers market, if you feel the need for an agent, you are not ready to buy and you should do more homework. (I believe an agent, like any other human, puts his interests above a clients interest). Also, things work better, especially when buying REO, when you use the same agent (or an agent’s close friend) as the seller’s agent after you have done your homework . The empirical formula for getting really good REO deals seems to be Cash + listing agent with incentive!

[bsrsharma]

Buyer’s agents are very helpful and essential for a first time buyer. For others, in a buyers market, if you feel the need for an agent, you are not ready to buy and you should do more homework. (I believe an agent, like any other human, puts his interests above a clients interest). Also, things work better, especially when buying REO, when you use the same agent (or an agent’s close friend) as the seller’s agent after you have done your homework . The empirical formula for getting really good REO deals seems to be Cash + listing agent with incentive!

[bsrsharma]

Buyer’s agents are very helpful and essential for a first time buyer. For others, in a buyers market, if you feel the need for an agent, you are not ready to buy and you should do more homework. (I believe an agent, like any other human, puts his interests above a clients interest). Also, things work better, especially when buying REO, when you use the same agent (or an agent’s close friend) as the seller’s agent after you have done your homework . The empirical formula for getting really good REO deals seems to be Cash + listing agent with incentive!

[bsrsharma]

Buyer’s agents are very helpful and essential for a first time buyer. For others, in a buyers market, if you feel the need for an agent, you are not ready to buy and you should do more homework. (I believe an agent, like any other human, puts his interests above a clients interest). Also, things work better, especially when buying REO, when you use the same agent (or an agent’s close friend) as the seller’s agent after you have done your homework . The empirical formula for getting really good REO deals seems to be Cash + listing agent with incentive!

[bsrsharma]

It seems a little suspect

1. Bank Owned

2. Cash Deal

3. My suspicion: Buyer’s agent = seller’s or related?

[bsrsharma]

It seems a little suspect

1. Bank Owned

2. Cash Deal

3. My suspicion: Buyer’s agent = seller’s or related?

[bsrsharma]

It seems a little suspect

1. Bank Owned

2. Cash Deal

3. My suspicion: Buyer’s agent = seller’s or related?

[bsrsharma]

It seems a little suspect

1. Bank Owned

2. Cash Deal

3. My suspicion: Buyer’s agent = seller’s or related?

[bsrsharma]

It seems a little suspect

1. Bank Owned

2. Cash Deal

3. My suspicion: Buyer’s agent = seller’s or related?

[bsrsharma]

risk in keeping my 6 mo. emergency cash in the system

Assuming you have wealth beyond emergency cash, how are you protecting that? If you truly fear $ demonetization/devaluation, a more sensible plan is to diversify into foreign currencies, gold, physical assets like oil, grain, real estate, international stocks/bonds etc., Stuffing federal reserve notes under mattress suggests need for psychiatric help.

[bsrsharma]

risk in keeping my 6 mo. emergency cash in the system

Assuming you have wealth beyond emergency cash, how are you protecting that? If you truly fear $ demonetization/devaluation, a more sensible plan is to diversify into foreign currencies, gold, physical assets like oil, grain, real estate, international stocks/bonds etc., Stuffing federal reserve notes under mattress suggests need for psychiatric help.

[bsrsharma]

risk in keeping my 6 mo. emergency cash in the system

Assuming you have wealth beyond emergency cash, how are you protecting that? If you truly fear $ demonetization/devaluation, a more sensible plan is to diversify into foreign currencies, gold, physical assets like oil, grain, real estate, international stocks/bonds etc., Stuffing federal reserve notes under mattress suggests need for psychiatric help.

[bsrsharma]

risk in keeping my 6 mo. emergency cash in the system

Assuming you have wealth beyond emergency cash, how are you protecting that? If you truly fear $ demonetization/devaluation, a more sensible plan is to diversify into foreign currencies, gold, physical assets like oil, grain, real estate, international stocks/bonds etc., Stuffing federal reserve notes under mattress suggests need for psychiatric help.

[Author]

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