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Home Sellers Disclosure
Most states have laws that require house and condo sellers to disclose in writing all known defects that have a material effect on the home's market value.
These printed disclosures require the seller to disclose defects "to the best of your knowledge."
Home sellers, and their real estate agents, are usually quite honest about revealing obvious known defects. The reason is they don't want to get involved in a lawsuit with the buyer after the sale closes. Full disclosure prevents such lawsuits.
Realty agents now suggest their home sellers obtain a "pre-sale professional home inspection."
Pre-sale inspections gives one the opportunity to repair problems or at least fully disclose them to the buyer.
Ahorre May 19, 2006 10:56 AM | New Fairfield Connecticut | Tarjetas de Credito