How Much Do You Need to Disclose About Your Property?
OCT 14, 2015-1 MIN
How Much Do You Need to Disclose About Your Property?
OCT 14, 2015-1 MIN
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<span style="font-size: normal;"><span style="font-family: Arial,Helvetica,sans-serif;">Today I want to talk about property disclosures because they've been in the news a lot recently. So, <b>what should you disclose about a property?</b><br /><br />My best advice would be that <b>if you're questioning whether you should disclose something, you should just go ahead and tell the potential buyer. </b>No matter how big or how normal, you should disclose the history of the property to the best of your ability.<br /><br /><b>There are some homeowners that recently failed to disclose a sinkhole on their property, and they have been sentenced with criminal charges</b> for not disclosing this fact about their home.<br /><b> </b></span></span><br />
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<span style="font-size: normal;"><span style="font-family: Arial,Helvetica,sans-serif;"><b>This is very important if you're selling your home on your own.</b> A lot of FSBO sellers don't know this, but they need to spill the beans when a buyer asks about their property. Although it's an extreme case, you don't want to end up in jail just because you withheld some information about your property.<br /><br /><b>Buyers in Tampa should be careful to get a disclosure on a home that they're purchasing, </b>because as a buyer you're fully entitled to one. However, if you buy a foreclosure, you must buy it 'as is'.<br /><br />If you have any questions about this issue, or if you need real estate assistance in Tampa, please don't hesitate to contact us! We look forward to hearing from you!</span></span>
