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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
Q 
Over what famous building is aircraft forbidden to fly at any time?

A 
No aircraft is permitted to fly over the Taj Mahal in India.
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Lynn Murphy Dickerscheid's LMD Home Team, REALTORŪ, real estate agents and broker for Cincinnati, Fairfield and West Chester, Ohio home listings, property and land for sale - NUMBER1EXPERT(tm)

Lynn Murphy Dickerscheid's LMD Home Team
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5720 Gateway Blvd. Suite 204
Mason, OH. 45040
Phone: 513-885-1673
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Email: lynnmurphydickerscheid@NUMBER1EXPERT.com

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