Thursday, May 19, 2016

What Needs to Be Disclosed in Order to Sell Your Home?


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When selling your home, you have to be very careful about what you disclose to the buyer. I have seen a lot of FSBO sellers encounter legal problems because they did not disclose to the buyers properly.

Let’s say you have a home for sale.
You’ll have to fill out a disclosure form that asks if your home has been damaged by fire or water. If you aren’t honest about these things, it can cost you a lot of money in legal fees. 


IT'S BEST TO CONSULT YOUR LOCAL REAL ESTATE AGENT WHEN GOING OVER DISCLOSURES.


Another problem with disclosures we see around here has to do with contaminated drywall. Sometimes people will fib about their pools as well, saying they are in proper working order although a pump or a drain is broken. Even though you can still swim in the pool, that does not also mean it’s in proper working order.

It’s best to consult your local real estate agent when going over disclosures. My team and I can help decide what you should and should not disclose in order to sell your home quickly and for a fair price.

We look forward to speaking with you!

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