Re: Honest disclosure
Originally Posted by Faster
There's not really a lot of point in hiding that sort of thing.. the survey is likely to catch it (one would hope - for the buyer's sake) and then you're caught redhanded apparently hiding something or misrepresenting what's there. I actually struggled with this last year when we tried to sell.. I didn't hide the fact that there was an issue but I probably understated it. I knew it would come up at survey. In the end we didn't sell and did a proper repair for our own peace of mind.
In the end you either lose the sale altogether, or take a harder hit, perhaps, than the cost of fixing it first...
What was the issue you had to fix?
The lesson from the Icarus story is not about human failing.
It is a lesson about the limitations of wax as an adhesive.
If you have an engineering problem solve it.