They can easily end up paying costs and damages, that's why you usually don't see contractors filing small claims, it has to be worth it and they know that.REOs are listed properties, there is another level of protection as the listing agent must disclose significant defects known or those that should be known, they are insured as well.I have no issue that keeps me from buying REO with QC deed, we can certainly have different comfort levels.

A Warranty Deed means the person who is granting the deed warrants (or guarantees) the title is free from defects and if a defect is discovered, the grantor of the warranty deed guarantees that they will defend the title against any defects.While this is great, how the heck are you going to find the grantor a year after you bought the property, let alone 10 years later?

(The hope is that by 2021, that remedies for this virus, will have been created; however, creating viable vaccines can be a long process, given that many vaccines are defective, due to they create what is called disease enhancement, that is that they also have the undesirable effect, of making a virus worse, while designed to precipitate human immune response to a virus.

Non warrantable can mean:HOA has skinny ot no reservesMaster Insurance policy covers little to nothing10% ownersLawsuits pending and not enough money to pay the attorneys let alone the settlementPhysical defect problemsSTRS and no on site management keeping them safeDepends on what is wrong with subject but I know of zero lenders doing investor low down payments you need 20% minimum down 

I have asked my home inspector to check the water flow speed in the well and he has not noticed any septic defects (this has been only used second home not on a rental so don't know the true capacity for both systems).   

Please go see my profile with my background.No, I am simply pointing out the defects in your teaser post.

For example, my lease states “Tenant shall be charged for repair of drain blockages or stoppages, unless caused by defective plumbing parts or tree roots invading sewer lines.”So, having not read your lease, we couldn’t say for certain who is responsible for the cost.

For example, you can have a binding real estate contract that stipulates penalties for late delivery or construction defects.

So, if I am reading this correctly, this is what is called a "Latent defect".

Have important defects been hidden (rather than repaired) by the rehab work?