To JC, regarding the disclosure question in NJ, I would go to the NJ
Dept of Community Affairs website and get a copy of the disclosure
requirements for NJ. A realtor would have it too. They changed the
law on this a few years ago, and it's pretty extensive. It also looks
like it was done by a school kid with no common sense. As an example,
it asks was any work every done on the roof? How stupid is that? I
could see asking, if any leaks were repaired in the last 2 years, do
you know of any existing roof problems, or something along those lines.
But, if you've owned the property for 15 years, apparently you are
now supposed to record and remember if a shingle blew off, or you
replaced a vent seal 10 years ago. It also asks other well thought out
questions, like "Are there any cracks in the foundation?" Any chowder
head knows that almost all foundations have at least some cracks
somewhere.

So, God only knows what it says about asbestos siding.