This term means "Buyer Beware" . You buy the home at your own risk. Knowing this you should always take the necessary steps to insure the property is in an acceptable condition before you sign.

In the past 20 years or so in most states, real estate laws have been enacted to move away from the concept of "Caveat emptor" or buyer beware. The more recent laws are now promoting the concept of "Full disclosure" which is much more protective to the buyer. Most real estate professionals and real estate attorneys recommend that as a rule of thumb, sellers should disclose, disclose and disclose to stay on safe legal ground.

Getting an inspection will allow you to detect problems early, avoiding complicated legal issues later.

It is also a good idea to have an inspection of the property done by a professional home inspector.

 

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