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User Info Scariest blurb I've ever read in a real estate ad; entered at 2010-08-23 00:33:46
Nadreck
Posts: 847
Registered: 2007-09-06 Highlands Ranch, CO
This is the scariest blurb I've ever read in a real estate ad (from the Remax web site around Lake Tahoe):

Quote:
Do not disturb. REO, not a short sale. Financing must be cash. Seller may not be able to convey possession at the time of closing. Eviction proceedings may have begun. Buyer MUST verify all information. Offers can not be contingent on inspections or viewing.


My question is: why would anyone put a property on the market with such conditions? Why not just clean up the legal problems (like being able to convey possession), and then try to sell? It is not like this is priced at half off.