Caveat Emptor – Buyer Beware When Buying a Home in Alabama

Collier Swecker video blogs about how Alabama is one of the only remaining states that puts nearly all of the responsibility on a purchaser of a home to discover all defects of a home that will be material to a purchasers decision to buy a particular home. Simply put, buyers should make every effort to investigate issues of importance to them and not rely on others to do what they should have done to fully investigate a homes condition to their satisfaction.  After you close on the purchase of your home, a buyer cannot expect to be able to have buyers remorse and walk away from their new purchase because of an unacceptable condition that they find after closing. Almost every other state in our country has seller disclosure laws that require Sellers to disclose, in writing, the current condition of the home including latent and non-latent defects. In Alabama, only latent defects must be disclosed to prospective purchasers. An example (extreme to prove the point) of a latent defect is an unexploded bomb that is found in the homes backyard, which could cause possible physical harm to anyone living at the home.  Therefore, buyers of homes in Alabama need to make sure and have all aspects of their prospective home inspected by licensed inspectors that are specifically qualified to inspect the system or aspect of the home for which the buyer is concerned. Chinese Drywall and Mold are two areas, in particular, that you need to make sure that your inspector has been certified and/or qualified to inspect. Oh, and make sure that your inspector is insured.  If you have any comments or questions about Alabama’s Caveat Emptor – Buyer Beware Law, email me at Collier@MegaAgentRealEstate.com or visit my website at www.MegaAgentRealEstate.com.

   

About Collier Swecker

Collier Swecker is a licensed real estate broker, attorney, blogger, speaker and entrepreneur. He is the founding partner of the Mega Agent Real Estate Team at RE/MAX Advantage which ranks as one of the top selling real estate teams in Alabama. Collier also acts as a business and marketing consultant for small business start-ups.

Collier graduated from Auburn University (B.A., 1998), Cumberland School of Law (Juris Doctor, 2002) and Washington University School of Law in St. Louis (Masters of Law in Taxation, 2003). Collier was the principal partner of the law firm Swecker and Sparks LLC for 3 years before leaving the law practice for real estate development and sales.

Collier is a native of Yorktown, Virginia and currently resides in Birmingham, Alabama with his wife, Amanda Capps Swecker. Collier & Amanda are the proud parents to a beautiful daughter, Julia Abigayle. They have one dog named Kramer.

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