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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. It is vital for both buyers and sellers to meticulously review these documents to ensure accuracy and avoid any misunderstandings or disputes.

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Does a Home Seller Have to Disclose Repaired Defects?

Hank Miller Team

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. However, full disclosure is often the best idea. Can it be irrefutably established that the seller knew about the problem and purposely concealed it?

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

HomeLight

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. Working out a compromise with the seller may be in your best interest.

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

HomeLight

Flat fee MLS services are designed to accommodate for sale by owner (FSBO) sellers and allow you to list your home on the MLS for a fee. “I They may also provide more involved services, such as marketing, photography, or help from a designated broker. It also includes closing assistance and negotiations.

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What Must Be Disclosed When Selling a House in Georgia?

HomeLight

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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What’s on the Texas Seller Disclosure Form — and Why Does it Matter?

HomeLight

HomeLight’s free Agent Match platform can connect you with a top-performing agent in your market who can help you navigate your entire home-selling journey — from disclosures to closing. Is a seller’s disclosure form required in Texas? While not every state requires a formal disclosure form, Texas is one state that does.