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A similar concept is a "buyer beware" claim, where the careful buyer should take the time to examine the item before accepting it, or obtain expert advice. [7] [8] On the other hand, the phrase "as is" does not disclaim "express" warranties: these may, for example, be created by the seller's description of an item.
Fannie Mae’s HomePath ReadyBuyer program is geared toward first-time buyers interested in a foreclosed home. After taking a required online homebuyer education course, you can receive up to 3 ...
The modern trend in the U.S. is that the implied warranty of fitness for a particular purpose applies in the real-estate context to only the sale of new residential housing by a builder-seller and that the caveat emptor rule applies to all other real-estate sale situations (e.g. homeowner to buyer). [3]
A California lawmaker is leading the charge to make undocumented residents eligible for a popular state-backed home loan program, weeks before it gives out another $250 million in down payment ...
The good news: First-time home buyers and ADU builders will have another chance to get state subsidies, thanks to an agreement by lawmakers and Gov. Gavin Newsom that restores funding for programs ...
The State of California Department of Insurance issued a cease-and-desist order # VA202100169 and monetary penalty against Complete Care Home Warranty. Some common complaints that home warranty clients have: Warranty companies deny the claim citing homeowner's maintenance negligence. Warranty companies deny the claim because of a "pre-existing ...