HomeLight

OCTOBER 17, 2022

it’s common for sellers to have to disclose certain details about their property to potential buyers before the transaction can take place. These legally-binding requirements are designed to enforce transparency in the dealings so as to avoid physical or financial harm to the parties involved. When transferring real estate in the U.S.,

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HomeLight

MAY 28, 2021

But there are protections in place that are designed to prevent the sale of a “lemon” house equivalent. Seller disclosures. In many states, seller disclosure forms are required to complete a real estate transaction. Many new construction homes come with a home warranty from the builder.

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HomeLight

AUGUST 16, 2021

There are a few different types of as-is designations, and what as-is really means varies by designation. And if your house is close to a flood zone, but not technically in a flood zone, it’s wise to talk to your insurance agents about purchasing supplemental flood insurance … just in case! It’s not zoned for its use.

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RIS Media

SEPTEMBER 20, 2021

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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Redfin

AUGUST 25, 2021

A99 An area protected upon completion of an under-construction federal flood protection system like a dam or levee. D This zone is designed to catch all other risk areas that are not defined by other flood zones. It’s important to note that just because your home is not in a designated flood zone doesn’t mean flooding won’t happen.

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HomeLight

OCTOBER 20, 2022

If you need assistance navigating the legalities of what to disclose when selling a home in New Jersey (NJ) or using seller disclosure forms, HomeLight always encourages you to reach out to your own advisor. Do sellers have to disclose anything other than lead paint hazards? Find Agent. Joanne Botwinick. Real Estate Agent.

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HomeLight

FEBRUARY 9, 2023

If you need assistance navigating the legalities of what to include on a home seller disclosure form in New York State, HomeLight always encourages you to reach out to your own advisor. Find Agent When and how is the disclosure made? When buyers waive inspections, they are less aware of defects with properties.

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