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Updated about 11 years ago on . Most recent reply

User Stats

47
Posts
21
Votes
Justin Poulsen
  • Investor
  • Chicago, IL
21
Votes |
47
Posts

Would you sign this waiver to see a property?

Justin Poulsen
  • Investor
  • Chicago, IL
Posted

I saw a listing for a property in my local area (north side Chicago).  It is bank owned, I contacted my real estate agent to arrange to check it out.  They sent him this waiver to sign before we would be allowed to enter the property.  

The property "presents a risk of personal injury or death".  Is this standard legal CYA? Or is this something specific to a terrible property?

With bank owned properties that are in bad condition, as I believe this one is, do they typically consider offers below asking price?  

  • Justin Poulsen
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