Why A Sellers Disclosure Is So Important

Why A Sellers Disclosure Is So Important

Getting ready to sell your home?  There are many things to prepare for.  Your Realtor will present you with a disclosure form called a Real Estate Disclosure of Property Condition. You're required to disclose anything and everything repaired or replaced while you owned the property.

Your Realtor cannot fill out the disclosure for you, but can help answer any questions.   If you're in doubt about what to disclose, it's best to add more information than not enough.  

When you disclose a problem that has been repaired, it's best to provide receipts and invoices for the buyer to look over.

Homes in the best condition sell the quickest.  The seller's disclosure is designed to do one thing -- hold you and your real estate agent harmless from any future troubles IF you've disclosed the truth about your property.  You don't want to give the buyer any room for complaint after the closing.  Don't be afraid of the seller's disclosure.   It's not meant to be a deal breaker.  List agents will provide a copy of the disclosure to interested buyers so they can get an idea of the home's condition before any offers are made.  Disclosing all information protects the sellers AND the buyers from unnecessary pitfalls.  Remember the movie "Money Pit" with Tom Hanks?   Classic example of a seller not disclosing!!!

If you're looking to buy/sell in this awesome DFW market, give me a call!  I would love to help you!

Felicia Robertson
Jp & Associates Realtors
214-282-7340
realestatebyfelicia@gmail.com



Felicia Johnson Headshot
Author:
Phone: 214-282-7340
Dated: May 26th 2014
Views: 3,056
About Felicia: Felicia has been in the Real Estate profession for many years. She was born and raised in the DFW a...

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6136 Frisco Sq Blvd, #200
Frisco, TX
972-375-9448


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