Buyers have an Obligation to Check Facts

Boy this is Magic Isn't it?

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The Realtors put this on their Standard Forms and You Lose.

How far does this let the Listing Realtor Go with Lies and Deception?
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Well a Long way.

r
If it is up to the buyer and buyers agents to "check facts" than the listing agent can pretty much say whatever they like right? I mean you can't prove they said what they said anyway?
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How does the Buyer and the Buyers agent check these facts ? Well most of the time they go through the Seller and the Listing Realtor anyway. If they do verify some information at the County Records or Water Rights Bureau for Example, that does not mean that the Listing agent is not lying or failing to disclose known issues and it does not mean that they had all the pertinent facts to begin with.
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Buyer and Buyers agents to check all facts, to somehow verify information should not be on the Realtors forms, this is just one more way for the Realtor to legally get out of telling the truth or failing to disclose known defects.
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It really is Impossible to verify all the information on a listing or given to you byt the listing side or your real estate transaction. So much can be hidden, and it is pretty much impossible to prove that the listing agent or the seller knew. And even if you do prove, you will have a horrible time and spend huge money and years of your life fighting for what you should have been entitled to in the first place.
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So don't trust that your buyers agent will check all facts, really they cannot and you must check for red flags in your real estate transaction and on the subject property for yourself. If your Listing says that you have lake access, for example, make them prove it with a recorded document because Realtors are Legally "Allowed" to advertise, to claim and to put on the MLS that there is lake Access even if there is Not. r

Much more on this issue and on Standard Real Estate Forms that Realtors use Will Be Posted on this Site.

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