10 Lies Homeowners Tell Buyers

Few are above making a fib or two part of the sales pitch
By Harry Kimball,  Newser Staff
Posted Feb 8, 2008 6:41 PM CST
10 Lies Homeowners Tell Buyers
Gail Leatherman, looks over her flooded basement in Findlay, Ohio, Thursday, Aug. 23, 2007. (AP Photo/Madalyn Ruggiero)   (Associated Press)

When a homeowner is desperate to sell and a buyer is ready to fork over the cash, the truth about a house is often swept under the rug, MSNBC reports. Watch out for frequent fibs when talking about:

  1. Personality of neighbors and the neighborhood.
  2. Status of home repairs (particularly the roof).
  3. Insect and rodent infestations.
  4. Elevated radon levels.

  1. Legal trouble, like unpaid taxes, liens, and outstanding judgements.
  2. Excessive airplane noise overhead.
  3. Trouble with the building department due to un-permitted renovations and additions.
  4. Water damage and frequent basement flooding.
  5. Quality of local schools and institutions.
  6. Possibility of future disruptive construction in the area.
(More existing home sales stories.)

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