SELLERS DISCLOSURE STATEMENT

 

Property Address:                    

                                                     

 

Ocwen Loan #:                          

 

Purpose of Statement:        This statement is being made in compliance with the Sellers Disclosure Act in states where necessary.  This statement is to disclose that the Veterans Benefits Administration Department of Veterans Affairs, Ocwen Federal Bank, FSB, as sellers and or any agent representing the sale have not occupied the property and have received ownership through foreclosure or other financial process.  This property is marketed in a Where is/As is condition and the aforementioned make no representation as to the properties condition or warranty any condition of the property or land.

 

BUYER SHOULD OBTAIN PROFESSIONAL ADVICE AND INSPECTIONS OF THE PROPERTY (AT THEIR OWN EXPENSE) PRIOR TO THEIR OFFER TO PURCHASE TO MORE FULLY DETERMINE THE CONDITION OF THE PROERTY AND LAND.

 

Lead Warning Statement

Every purchaser of any interest in residential real property on which a residential dwelling was built prior to 1978 is notified that such property may present exposure to lead from lead-base paint that may place young children at risk of developing lead poisoning.  Lead poisoning in young children may produce permanent neurological damage, including learning disabilities, reduced intelligence quotient, behavioral problems, and impaired memory.  Lead poisoning may also pose a particular risk to pregnant women.  The seller of any interest in residential real property is required to provide the buyer with any information on lead-based paint hazards from risk assessments or inspections in the sellers possession and notify the buyer of any know lead-base paint hazards. A risk assessment or inspection for possible lead-based paint hazards is recommended prior to purchase.

Buyers will be required to complete VA Form 26-6705e “Notice of possible Lead-based Paint and or Lead-based Paint Hazards” with submission of their “Offer to Purchase Contract of Sale” VA#26-6075 on all homes built before 1978.

 

 

Report Date

Description

     

Pest Inspection

     

     

     

     

 

Above are listed any inspections done on the property and received by the seller. The purchaser(s) in signing this document have been given the opportunity to review the results of any reports pertaining to and received by the seller on the aforementioned property.  On properties built before 1978 the purchaser has received the pamphlet “Protect Your Family From Lead In Your Home”.

 

Additional Disclosures:      

 

 

Ocwen Federal Bank                                                                            Brokerage:             ____________________________________

 

Representative:    __________________________________ Listing Agent:      ____________________________________

 

Date:                       __________________________________ Date:                       ____________________________________

 

 

 


Selling Brokerage: _________________________________  Buyer 1:                 ____________________________________

 

Selling Agent:       __________________________________ Buyer 2:                 ____________________________________

 

Date:                       __________________________________ Date:                       ____________________________________

 

Revised 04/13/04