HomeLight

OCTOBER 31, 2022

In a nutshell, Niakan says, the disclosure form is a handy way to get honest about what you do know — and not worry about what you don’t. Let’s jump into what you need to know about Florida’s seller disclosure form — and what it means for sellers, and buyers, in the Sunshine State. The truth will set you free,” he says.

Seller disclosure 86

Seller disclosure Agents Agents Closing 86

Windemere Buying

OCTOBER 31, 2022

Ask to See the Seller Disclosure Form. This case set the standard for future seller disclosures. In this instance, they found that the history of the home and the seller’s experiences in it would have influenced the marketability. So, how do you make sure you’re fully informed about a home’s history?

Seller disclosure 52

Seller disclosure Sales Agents Agents 52

HomeLight

OCTOBER 12, 2022

If you need assistance navigating the legalities of what to include on a home seller disclosure form in Utah, HomeLight always encourages you to reach out to your own advisor. We’ve consulted with a top real estate agent and researched items that must be disclosed to help make sense out of the seller disclosure form in Utah.

Seller disclosure 95

Seller disclosure Purchase and sale agreement Agents Agents 95

Hank Miller Team

DECEMBER 1, 2021

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. Water and foundation issues are very common, some obvious and some not so much.

Inspection contingency 52

Inspection contingency Seller disclosure Inspection Due diligence 52

Redfin

MARCH 14, 2022

As a buyer, it’s important to carefully review the seller’s disclosure packets with a real estate agent and during the home inspection. . What are the standard real estate disclosures? Each state has different requirements for seller disclosures – it’s best to check with your state’s guidelines.

Purchase and sale agreement 69

Purchase and sale agreement Inspection Seller disclosure Due diligence 69

RIS Media

OCTOBER 5, 2020

One way this happens is through selling disclosures that must be presented to the buyer before the transaction closes. The age of HVAC systems is one component that appears on these seller disclosures, meaning that potential buyers will be fully aware of the age of your HVAC system.

Seller disclosure 84

Seller disclosure Closing Sales As-is 84

HomeLight

MAY 28, 2021

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.

Inspection 80

Inspection Inspection contingency Seller disclosure Agents 80

Realty Biz

OCTOBER 28, 2022

Sellers must provide accurate information on the seller's disclosure. You will probably have a lot of questions for your agent throughout the process, but the realtor must also fully understand where you are coming from. This way, they'll know exactly what you're looking for and can help you provide the right data.

Agents 90

Agents Agents Seller disclosure MLS 90

Realty Biz

JULY 11, 2022

Review seller disclosures. You might not know what to ask for or what sellers in your state are required to disclose or not disclose. Some of it includes title reports, the appraisal, and estimated closing costs.

Agents 88

Agents Agents Inspection VA loan 88

RIS Media

DECEMBER 6, 2020

Disclosure: Some states require a seller disclosure that includes information about past flood damage; however, many do not. Flood Factor, realtor.com®, ®, the FEMA website— [link] —and many private flood insurer sites such as Neptune’s, will provide an instant determination of the flood zone of the property.

Closing 76

Closing Agents Agents Seller disclosure 76

The Residential Specialist

OCTOBER 24, 2022

Check the seller disclosure and inspection reports very closely. “Hydrangeas and certain lilies can be toxic and even fatal to both humans and animals,” Kulpreecha says. Lead paint and asbestos. Asbestos is as harmful to fur babies as it is to humans,” she says.

Inspection 59

Inspection Seller disclosure Agents Agents 59

RIS Media

DECEMBER 14, 2020

Disclosure: Some states require a seller disclosure that includes information about past flood damage; however, many do not. Flood Factor, realtor.com®, ®, the FEMA website— [link] —and many private flood insurer sites, will provide an instant determination of the flood zone of the property.

Closing 54

Closing Seller disclosure Agents Agents 54

HomeLight

DECEMBER 30, 2021

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.

Purchase and sale agreement 83

Purchase and sale agreement Loans Mortgages Agents 83

Lighter Side of Real Estate

FEBRUARY 17, 2023

When filling out the sellers disclosure form about things you know are wrong with the house, you should: a) Only list the things you think are obvious and that the buyer or their inspector will actually notice or figure out. a) The one who had the highest suggested listing price. c) The one who has the nicest car.

Agents 93

Agents Agents Renovation Seller disclosure 93

HomeLight

OCTOBER 17, 2022

If you need assistance navigating the legalities of what to include on a PA seller disclosure form, HomeLight always encourages you to reach out to your own advisor. So, you’re getting ready to sell your Pennsylvania home, and among the many documents you’ll be signing in the process is a disclosure statement.

Purchase and sale agreement 90

Purchase and sale agreement Agents Agents Inspection 90

Realtor.com

JULY 30, 2022

Dig into disclosures. If you like a home from the photos and the virtual tour, ask your agent for the seller disclosure. Buyers should also have a floor plan of the space handy to help with determining how big a room is or how high the ceilings are. ” Take precautions if you visit a home.

Agents 111

Agents Agents Seller disclosure Renovation 111

Realty Biz

AUGUST 24, 2020

The first thing you want to do is fully understand the seller disclosure laws that apply to any house that you are looking at. Although the seller lists a house “As-Is,” they still have a legal obligation to disclose all known defects to you.

Due diligence 57

Due diligence Seller disclosure Agents Agents 57

HomeLight

OCTOBER 14, 2022

Let’s take a closer look at what disclosures are required when selling a house in Pennsylvania. Whether you hire a listing agent or not, Pennsylvania’s Real Estate Seller Disclosure Law requires sellers to disclose known defects and problems with a property to prospective buyers. Why sell a house by owner in Pennsylvania?

MLS 88

MLS Agents Agents Purchase and sale agreement 88

HomeLight

OCTOBER 17, 2022

F307 Georgia Seller’s Property Disclosure Statement – Lot/Land. F310 Georgia Seller’s Property Disclosure Statement – New Construction. F313 New Construction Seller Disclosures Exhibit (used in addition to F310). How Much Is Your Georgia Home Worth Now?

Purchase and sale agreement 93

Purchase and sale agreement Due diligence Inspection Agents 93

HomeLight

JANUARY 29, 2021

Review your state’s specific disclosure requirements for more information on seller disclosures. If you require legal advice on a complicated disclosure issue, consult a licensed attorney. Is it possible to avoid mentioning a recent death in the house ? Do we need to tell buyers about our noisy neighbor?

Agents 87

Agents Agents Purchase and sale agreement Seller disclosure 87

HomeLight

JANUARY 5, 2022

Though not every state requires seller disclosures. On the federal level, sellers aren’t legally required to disclose asbestos , but that doesn’t mean the state or local municipality won’t require a disclosure. Do you have to disclose asbestos when selling a house?

Agents 85

Agents Agents Seller disclosure Inspection 85

HomeLight

NOVEMBER 12, 2020

Alabama: “Caveat Emptor” Rule, unless the seller or real estate agent knows about something that would impact the “Health or Safety” of the buyer. Alaska: Residential Real Property Transfer Disclosure Statement. Arizona: Residential Seller Disclosure Statement.

Residential 73

Residential Agents Agents Seller disclosure 73

The Residential Specialist

FEBRUARY 26, 2021

In California, for example, all sales must include a Natural Hazard Disclosure Report that lets buyers know if a property is located in an area that’s prone to flooding, earthquakes or wildfires, among other things.

Natural hazards disclosure 93

Natural hazards disclosure Seller disclosure Agents Agents 93

Redfin

AUGUST 3, 2021

It also reassures the seller that you can back up your offer, which is especially important when buying a house without a realtor as it confirms that you’re a serious and qualified buyer. Review the seller disclosure .

Agents 73

Agents Agents Pre-approval Pre-approval 73

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. DISCLAIMER: As a friendly reminder, this blog post is meant to be used for educational purposes only, not legal advice.

Purchase and sale agreement 83

Purchase and sale agreement Agents Agents Inspection 83

HomeLight

AUGUST 16, 2021

Talk to your agent about seller disclosures in your state. Your agent will be able to tell you what a seller is legally required to disclose in your state as part of a home sale. As-is does not mean the seller can withhold what they know about the house’s problems.

As-is 122

As-is Inspection Agents Agents 122

HomeLight

DECEMBER 29, 2020

Seller disclosures as required by your state or local MLS, which may include: Knowledge of structural or material defects. When it’s time to assemble your listing information packet, start with the basics: Home specs. Square footage. Bedrooms and bathrooms. Special features (deck, garage, basement, renovations, etc.). Asking price.

Agents 92

Agents Agents Sales Renovation 92

HomeLight

NOVEMBER 16, 2021

Not every state uses seller’s disclosures, and some only ask sellers to disclose certain pieces of information, such as the presence of former mining operations in Virginia. Estimate when working systems or components (such as the roof) will need to be repaired or updated.

Inspection 104

Inspection Housing Inspector Agents Agents 104

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. DISCLAIMER: As a friendly reminder, this blog post is meant to be used for educational purposes only, not legal advice.

Inspection 92

Inspection Purchase and sale agreement Agents Agents 92

HomeLight

OCTOBER 20, 2022

This establishes your ownership, along with details such as purchase price and previous seller disclosures. Many FSBO sellers will purchase a pre-listing appraisal. Be sure to check your state laws for any additional documentation and forms that may be required. Original sales contract.

MLS 102

MLS Purchase and sale agreement Inspection Agents 102

HomeLight

FEBRUARY 28, 2021

Minimal seller disclosures. Virginia requires a seller to disclose material defects , but not latent defects. If you want a backyard, a little piece of earth fenced in for your children, you are easily talking about the starting price of a home in Arlington around $1 million,” Gernhardt says.

Appraisal 96

Appraisal Residential Agents Agents 96

HomeLight

JULY 31, 2021

But if we’re dealing with HOA disclosures and loan payoffs, it could take a few weeks.”. Disclosures and taxes for Phoenix cash transactions. The form is separated into six sections: Property and ownership.

iBuyer 85

iBuyer Investor Sales Seller disclosure 85

HomeLight

OCTOBER 25, 2022

It also features phone and email support, as well as seller disclosures. Reviewers praise the company’s helpfulness and courtesy. Rate package overview: $299 Silver – This includes a three-month MLS listing with 25 photos. 599 Gold – This upgrades you to a 12-month listing with 35 photos.

MLS 87

MLS Agents Agents Sales 87

HomeLight

APRIL 29, 2022

Disclosures. Seller Disclosure Statement. A good time to fill out Washington’s Seller Disclosure Statement (colloquially called Form 17 ) is prior to listing your home or requesting an offer so that you know it’s taken care of. Fast facts about selling a house ‘as is’ in Washington. 638,000 (March 2022).

As-is 69

As-is Purchase and sale agreement Agents Agents 69

HomeLight

APRIL 29, 2022

If your agent says you shouldn’t disclose the termite damage that was repaired 5 years ago so you can set a higher list price, this would be in violation of Article 2 of the Realtor® Code of Ethics and may go against your state’s seller disclosure requirements.

Agents 86

Agents Agents Purchase and sale agreement Seller disclosure 86

Redfin

AUGUST 25, 2021

Real estate disclosures and flood zones. Real estate disclosures, or a seller disclosure , is a set of documents answered by the seller of a home, listing any known issues with the property and any remodel projects completed during the time they owned the home. What to know about selling a home in a flood zone.

Mortgages 79

Mortgages Seller disclosure Construction Construction 79

RIS Media

SEPTEMBER 20, 2021

Connecticut requires by law that sellers disclose flood hazard and inland wetland designations along with fire and smoke damage, but does not mandate anything regarding past flooding events or damage, or whether flood insurance is required on that property. DELAWARE — GRADE: C. NEW HAMPSHIRE — GRADE: F. ” Snierson v.

Agents 99

Agents Agents Purchase and sale agreement Inspection 99