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Home > Buying Foreclosure > Are There Any Seller Defect Disclosures For The Property? Are There Any Seller Defect Disclosures For The Property? None. Seller has never lived in the property and therefore cannot disclose what it does not know. There is no former occupant we can contact to obtain information about the home. Generally, unlike a corporate relocation home, the bank Seller does not obtain an inspection of the home. In those instances where the bank Seller has performed an inspection of one or all components of the home, we will provide you copies of the bank’s inspection for informational purposes only. For example, if we have been required to obtain a termite or wood destroying organism inspection we will provide you with a copy once an offer has been received and before a final contract is negotiated. If we have inspections of the roof, air conditioning, or other components of the home, we will provide those once an offer has been received but before a final contract is negotiated. These inspection reports should not take the place of you the buyer retaining your own inspector.
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