We are closing on the house this week, paying all cash.
The man who put a very expensive retaining wall on the property told us he was coming after whoever buys the property. We have been assured by our Realtor that he can't do that and the bank is giving us "clear title." Somehow that just doesn't convince me. We don't understand one paragraph in the contract that states what we will be responsible for. Is it true we cannot be held responsible, and should we buy title insurance?
A. You may not have anything to worry about, but still.
I'm sure your real estate agent is good at what he or she does, but that's not where you should look for legal information. Is the agent ready to back that up with a written promis…