Seller FAQ: How Much Do I Have to Disclose to Buyers?
Posted by Wendy Atherton on Thursday, March 24, 2022 at 12:43 AM
By Wendy Atherton / March 24, 2022
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Seller FAQ: How much do I have to disclose to buyers?
The short answer: Everything you know.
The longer answer: You’re required to provide a written description (your agent will give you the form) about any known issues with your home that could hurt its value. Those issues include:
Termite damage
Presence of lead-based paint
Foundation cracks
Plumbing or HVAC issues
Septic or sewer problems
Homeowners association fees and restrictions.
The seller disclosure is good for buyers AND sellers. How? It brings transparency to the transaction, minimizes delays, and heads off the risk of legal headaches down the road.
Selling this spring? Let me walk you through each step - including what to disclose to buyers.
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