Survey: 94% of Sellers Dont Disclose Property Defects - Terri Zinke Jackson
Terri Zinke Jackson
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Survey: 94% of Sellers Dont Disclose Property Defects

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Home buyers who waive the inspection contingency must rely heavily on seller disclosures to be informed about any potential problems with the property. But more than 90% of buyers say they found at least one issue with their home after the transaction that the seller didn’t disclose, according to a new survey from Cinch Home Services, a home warranty company. Even more alarming is that 94% of sellers admit to selling their homes without disclosing a known issue.

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