วันเสาร์ที่ 7 เมษายน พ.ศ. 2561

Get the Facts Behind Real Estate Disclosures

Purchasing a home is stressful enough without having to worry about possible problems hidden behind the walls or those carefully concealed by handy remodeling. The majority of home buyers work with a licensed home inspector to conduct a thorough inspection before sealing the deal on their purchase of a residential real estate listing. A professional inspection will typically uncover the majority of construction defects. In addition to conducting a meticulous inspection it's also a good idea to review the real estate disclosures with the selling agent.

Sellers are legally bound to disclose all defects in their home prior to selling, and can therefore be legally held accountable. Upon listing your home for sale, these disclosures are signed and made available for review by all potential homebuyers. While there are a variety of typical disclosure forms for things such as mold, lead paint, natural hazards and radon, it's also a good idea to question the seller in detail as to whether or not there are any other defects.

Some key questions include those about the age and condition of the roof and windows, past structural repairs, HVAC and plumbing system failures, basement leaks, appliance repairs, floods and even questions regarding repairs and additions. It's important to know whether or not permits were obtained for additions or remodels as this is a key to the quality of workmanship. While a lot of do-it-yourself types can handle a small remodel, a lot of homeowners get in over their head leaving the future homeowner with a world of repairs.

Disclosure laws vary from state to state. Ideally, your Realtor will advise you as to the disclosures available on the home you're interested in. When buying a home listed for sale by owner, direct questions to the sellers are even more important, especially if you as a buyer are not working with a professional real estate agent.

As a seller, the more you disclose the better. Lawsuits against sellers who did not completely disclose known problems with their home can cost thousands of dollars and months, if not years, to settle. Not disclosing can be construed as fraud. For those going the for sale by owner route, it's highly recommended to consult a real estate attorney to make sure the seller is in compliance with real estate laws. Real estate laws and disclosures are highly complex, even for the most seasoned real estate professional. Keep ฝากขายทาวน์เฮ้าส์ in mind that disclosures are helpful to protect all parties involved.


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