Tagged : Full Disclosure

Found 2 blog entries tagged as "Full Disclosure".

construction_adamvilimek_450zillow.com - In most states, the law requires sellers to fill out paperwork regarding their knowledge of the property they intend to sell. Many agents and sellers see disclosures as a thorn in their side. Why would they badmouth their property or listing? Why not say as little as possible and see if the buyer discovers any issues on their own?

This is a penny-wise and pound-foolish mentality. Non-disclosure can lead to major headaches during escrow. You could lose the buyer, be forced to renegotiate the price or have to put the property back on the market. Non-disclosure can also lead to litigation months or even years after the sale.

To read more of this article, click the link below:

Photo:  ©[Adam Vilimek]/123RF.COM

360 Views, 0 Comments

menhouse_sellingpix_450realtor.com - Whether you have owned your home for a few years or a few decades, you know its quirks, best features and flaws. When you morph from homeowner to home seller you need to be aware that your experience with your home is something you may have to share with potential buyers.

Most buyers opt to have a home inspection before they finalize their purchase, but you as the seller must also follow state and federal regulations regarding disclosure of known facts about your property’s condition.

To read more of this article, click the link below:

Photo:  ©[Selling Pix]/123RF.COM

425 Views, 0 Comments