Don’t Let Undisclosed Facts Bite You in the . . . end!

If you are putting your house on the market, there is a Property Disclosure form to fill out. You may think, what a nuisance; maybe I can skip over some of the questions. Beware – this will come back to bite you! Withholding pertinent information about the property has serious consequences. A thorough disclosure will protect the buyer as well as you. Most buyers appreciate knowing as much as possible about a house before buying it. They can live with it not being perfect as long as they know about the issues up front and have had a chance to investigate and digest them.

Lawsuits can happen when information is withheld. Not only should you disclose current issues, but it also may be a good idea to disclose any past problems that have been repaired or areas that require routine maintenance. A word of caution on past repairs – don’t guarantee that the problems are fixed. This implies that they will never come back. Rather, be specific on how they were handled. Also, don’t guess when filling out the disclosure; if you don’t know, then indicate that it is unknown. On the other hand, don’t just fill in unknown because it is easy and avoids problems. A thorough and properly filled out disclosure may help keep you out of court! If you’d like to work with a REALTOR® who is on top of all the details, then give me a call.   603-526-4116, www.donnaforest.com.

Known for service, trusted for results – Coldwell Banker Milestone Real Estate.

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