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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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How to Spot Serious Foundation Trouble

Hank Miller Team

There are more buyers waiving due diligence and purchasing homes "as is" than ever before. Don't rely on seller disclosures and if inspections are waived, buyers likely have little recourse as a lawsuit can be very hard to win in a "buyer beware" state like Georgia. Several were chatting about offers.

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What is a Seller’s Disclosure? Here’s Why It’s Important

Redfin

One of these critical documents is called a seller’s disclosure. . A seller’s disclosure, also known as a property disclosure, is a document that sellers are legally required to provide buyers. Why is a seller’s disclosure important? For sellers. For buyers.

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What Must Be Disclosed When Selling a House in Georgia?

HomeLight

If you need assistance navigating the legalities of what to include on the Georgia seller’s disclosure form, HomeLight always encourages you to reach out to your own advisor. 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.

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Ask Brian: Home Buyer Beware

Realty Biz

Now, the new owner is suing the real estate agent and seller for fraud by questioning if the garage was legally converted into a living space because it is not up to code. Now, the new owner is suing the real estate agent and seller for fraud by questioning if the garage was legally converted into a living space because it is not up to code.

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Home, Sour Home: How Homebuyers Can Avoid a ‘Lemon’

HomeLight

Seller disclosures. In many states, seller disclosure forms are required to complete a real estate transaction. Each state has different requirements , but basically the seller is required to tell the buyer of any known problems with the house. Is there a lemon law for houses? Is there a lemon law for houses?

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What Legal Documents Will You Need for Buying a House? Here’s Your List

HomeLight

Seller’s disclosure. Some states require sellers to fill out a seller disclosure statement documenting known repair needs or health and safety hazards in the home. In states where seller disclosures are not required, it’s a bit of a “buyer beware” situation. Source: (Gabriel Rosenblut / Unsplash).