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Real Estate Tips
Selling Your Home >Full Disclosure

If you are about to list a home that you have lived there for many years, you know that it is not perfect. For example, there might be a leak in the basement that is noticeable only after a heavy rain. Your garage door might stick, and the dishwasher may be prone to work stoppages.

Every home has a few quirks. When it is time to sell your home, you have a choice of either making the necessary repairs or letting the buyers know about the problems. Material defects must be fully disclosed. Some buyers will order a structural inspection in order to learn exactly what they will be getting. Even if the buyers don't ask for an expert to look at the house, it is the seller's responsibility to disclose any known defects in the property. The seller's agent will provide the disclosure form, wherein the seller may itemize any problems. Sellers may avoid any real estate lawsuits over undisclosed defects by making repairs before the sale or agreeing to a price adjustment during the transaction if defects are discovered.

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Real Estate Trivia
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Where is the world's largest bridge located?

A 
Lake Pontchartrain Causeway at New Orleans, Louisiana is the world's largest bridge. It is almost 24 miles long.
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Alyson Titcomb, REALTOR®, real estate agents and broker for Gilbert, Chandler and Mesa, Arizona home listings, property and land for sale - NUMBER1EXPERT(tm)

Alyson Titcomb
RE/MAX Alliance Group

725 W Elliot Road, Suite 111
Gilbert, AZ 85233
Phone: 602-989-0000
Fax: 480-668-0191
Email: alysontitcomb@NUMBER1EXPERT.com

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