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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. Many new construction homes come with a home warranty from the builder. Research the house.

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Do You Need a Disclosure Form to Sell a House in New Jersey?

HomeLight

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.

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

HomeLight

Some states require sellers to fill out a seller disclosure statement documenting known repair needs or health and safety hazards in the home. This can include anything from knowledge of lead-based paint or asbestos, to the seller’s awareness of water damage in the basement, a leaky roof, or damaged plumbing.

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Disastrous Disclosures

The Residential Specialist

It seems like there’s just constant construction here because of disaster relief.”. It is necessary to fully disclose all information important to the sale and that may affect a buyer’s decision to purchase,” he says. It’s a lot for one region to take. Still, people continue to live in southeast Texas because of its many treasures.

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What Must Be Disclosed When Selling a House in New York State?

HomeLight

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. The home seller is often legally required to share any issues or problems within their knowledge. Fortunately, you’ve come to the right place.

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Studying for Your Inspection: What Are Home Inspectors Not Allowed to Do?

HomeLight

Source: (LinkedIn Sales Solutions / Unsplash). Many licensed home inspectors have backgrounds in construction, which makes for a great inspection as this gives them the knowledge of what potential issues can look like from the builder’s point of view. What are home inspectors not allowed to do?

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Ask Brian: Home Buyer Beware

Realty Biz

The sales listing had described the garage as converted into a one-bedroom, one-bath, with a large family room and private entry. 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.