5 Tips For Home Buyers About The Sellers Disclosure, From A Dallas Real Estate Agent
August 1, 2011 1 Comment
5 Tips For Home Buyers About The Sellers Disclosure, From A Dallas Real Estate Agent
There is more to be said about the issue of seller disclosure because I consider it really important when buying a home.
Buyers, be sure the Seller’s Disclosure Notice is completely filled out because many times these are posted even though incomplete. And you may want to probe into some of the information disclosed – such as a seller’s answer to the matter of doing work with or without a permit. Frequently, bad installation is found with hot water heaters and HVAC systems that were, big surprise, installed without a permit. Sure, we want to believe that people are being honest with us. Sorry to disappoint, this doesn’t always happen.
If possible, check the permit history on a property to verify a seller’s answer. Some cities have a faster turn around time than others for this type of information. Pay attention to what the seller discloses — also if paper work is provided as a result of the disclosure. In other words, buyers need to take ownership of the inspection period and discovery process. Having some direction from a Realtor® should be a big advantage, but the buyer needs to be an informed decision maker.
Becky Hopkins is a realtor with CENTURY 21 Judge Fite Company and serves the Dallas/Fort Worth Metroplex. You can contact directly on her phone (469-568-7654) and through her website www.50andholding.com.
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