Updated almost 14 years ago on . Most recent reply
Blind or Ghost REO Listing
I just found this interesting/comical and wanted to see what others thought after seeing the additional "terms" on this listing.
Additional Info:
CASH OFFERS ONLY NO INSPECTIONS OR OTHER CONTINGENCIES WILL BE ALLOWED.
BUYER IS NOT TO DISTURB OCCUPANTS. Buyer will have no contact with the current occupants until the sale has closed and funded.
Buyer is aware that the subject property is currently occupied and seller cannot convey possession at time of closing. If a lease exists, at the expiration of the lease term, the occupant's lease may or may not be renewed.
Property is being sold AS-IS.
If buyer chooses to evict occupants post-funding, Buyer will be solely responsible for initiating any eviction proceedings. Seller is under no obligation to provide any information regarding any current eviction proceedings to Buyer. As such, Buyer understands that Seller will not provide any case numbers, current disposition of any eviction proceedings, nor contact information for Seller's attorney. Further, the progress and/or outcome of any current eviction case will have no bearing whatsoever on this Purchase Agreement and its terms, including the mutually agreed upon Close of Escrow date.
BUYER HOLDS SELLER HARMLESS FOR ANY DAMAGES RELATED TO PROPERTY CONDITION. BUYER IS ASSUMING ALL LIABILITY RELATED TO PERSONAL PROPERTY AND DEBRIS REMOVAL. PROPERTY SOLD AS-IS, WHERE-IS. SELLER MAKES NO WARRANTIES OR GUARANTEES AS TO THE PROPERTY CONDITION.