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7 Key Things About Seller Disclosures Every Homebuyer Should Know

HomeLight

You go to investigate the root cause of the water intrusion and discover something worse than wet carpet: evidence that the seller likely knew about the issue and told you nothing (nada! This is the exact type of unfair scenario that seller disclosures are supposed to protect you from as a homebuyer. Full disclosure.

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8 Essential Steps to Navigating Escrow in Home Buying

Realty Biz

The National Association of Realtors (NAR) conducted a survey in October 2022, revealing that approximately 7% of deals in the preceding three months got terminated before reaching the closing stage. During this stage, the buyer, seller, or their respective agents select an escrow agent who will oversee the process.

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Does a Home Seller Have to Disclose Repaired Defects?

Hank Miller Team

Real estate agents have certain obligations as well. While a listing agent might not have the same firsthand knowledge as a seller, they cannot misrepresent the home. The seller disclosure forms do not ask and there is no requirement in Georgia for a seller to note repairs made provided the item is functioning as designed.

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6 Flat Fee MLS Companies in Wisconsin to Sell Your FSBO Home

HomeLight

Of course, a licensed real estate agent will automatically list your home on the MLS, but what if you don’t want to commit to a full-service real estate agent? The MLS is a database that real estate agents use to help both buyers and sellers make a home transaction. You have more control over your home sale.

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What Must Be Disclosed When Selling a House in Georgia?

HomeLight

If you’re about to sell or buy a house in Georgia, you may be wondering what sort of information the seller is required to disclose about the property. Each state has its own set of disclosure laws, and Georgia’s are a little less defined than most. What is a seller’s disclosure? Find Agent.

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Flood and Disaster Disclosures: Law, Precedent and Grades for All 50 States

RIS Media

As more and more climate change-fueled extreme weather events—from historic hurricanes to unexpected summer downpours—affect homes, one issue anyone selling or buying a home needs to be aware of is disclosure. ” It also requires that sellers disclose water or leakage in the basement along with frozen pipes or drains.

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What Does As-Is Mean When House Hunting? And When Should Buyers Consider an As-Is Home?

HomeLight

There are a few different types of as-is designations, and what as-is really means varies by designation. Your agent will help you figure out what protections you need for the specific as-is situation of your purchase. You can also ask your agent to talk to the listing agent about the seller’s reasons for wanting to move now.

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