In the interest of full disclosure, it makes sense to facilitate details for sold properties so that buyers & sellers have the benefit of the same information realtors, appraisers & mortgage lenders are able to access. Anyone can Zillow an address and get recent sold prices, with BR’s Baths and sq footage. Providing more details about the property’s condition, photos and extra features (or problems) makes the data more meaningful.
Isn’t that what the internet is all about?

The home inspector called over to my client and said, ” Did the seller tell you when he had the fire in the attic?” To which my client responded….”this could be a dealbreaker” Ultimately it was even though my client has spent >$900 on Termite, Structural & Drainage & a General Home Inspections.
The undisclosed fire in the attic was the tip of the iceberg…..also discovered was a hot water heater & the homes forced air furnace were not hard wired….the DIY seller had supplied electricity via extension cords.
The moral to a seller is always assume everything you know about your home will be discovered by the buyer so it’s always best to deal with repairs and corrections prior to escrow….it costs you far less money in the long haul.
PS: My client asked for a $20K price reduction (less than all of the inspections estimated)but the seller wouldn’t budge on the price so we pulled out of the deal. That was over a month ago and the house hasn’t yet sold.