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What to Disclose When Selling Your House

Are you considering selling your home? Prior to selling it is ideal to get your home in tip top condition. Be sure to address any past maintenance items, or any deferred maintenace. Very important considerations are plumbing items, water leaks can lead to other issues that any buyer would want to know about that.

What is the condition of the roof of the house? Has it been replaced, repaired? If so, by who and when, having those documents in order will be helpful to any buyers who may have questions about the roof.

Do you have any pests? It is very common in California to see termites, so that inspection is often done. Termites can also be very destructive and if there is active infestation, that may need to be remediated prior to selling.

Buyers often ask about the square footage of the house, in most cases this information is obtained from the tax records or assessor, however if there was an addition, the square footage may fluctuage.

Below are some of the disclosures that need to be considered.

 

Your agent will provide you with disclosures to fill out and I recommend you review those carefully with your agent to ensure you are accurately providing information.

If I can answer any questions about this topic, please contact me.

Comment balloon 13 commentsSharon Paxson • January 21 2016 02:40PM

Comments

Sharon Paxson - A good list of items that sellers need to consider as they go through the selling process.   I hope sellers in the Newport Beach area give you a call to learn more about local property disclosures! 

Posted by Laura Allen, Lake Tahoe - Truckee Real Estate for Sale TahoeLauraRealEstate.com, Tahoe Real Estate Agent Helping Buyers and Sellers (Coldwell Banker, Tahoe City, CA (530) 414-1260) about 3 years ago

Sharon - sellers should protect themselves by disclosing to their real estate agent first.

Posted by Grant Schneider, Your Coach Helping You Create Successful Outcomes (Performance Development Strategies) about 3 years ago

Sellers try to hold back for fear of being asked to repair or for the costs to repair.  If they have lived in the house long enough or are in doubt a pre-listing inspection is the best approach

Posted by Ed Silva, Central CT Real Estate Broker Serving all equally (RE/MAX Professionals, CT 203-206-0754 ) about 3 years ago

And for maximum sale price, DECLUTTER.  Most movers have a declutter program and they will assist the home owner to pack a POD and put it away until the home sells and then assist in packing the rest.   

Posted by Florida Tolbert Team Keller Williams Advantage, Keller Williams Land Division Specialist (Keller Williams Advantage III Realty in Lake Nona) about 3 years ago

Sharon

Your post is right on point . . . . Great tips.

Good luck and success.

Lou Ludwig

Posted by Lou Ludwig, Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC (Ludwig & Associates) about 3 years ago

Very good answer to a question that comes up all the time!

  I had to drop by today for a virtual visit Sharon Paxson here on your nice warm, sunny page in Newport Beach with our abomidable weather we're expecting this weekend!

Posted by Faith LaRosse, Serving Berks, Chester & Montgomery Counties (Springer Realty Group) about 3 years ago

Disclose, disclose, disclose, I always tell our sellers when in doubt disclose it. Great advice Sharon.

Posted by Bob Ratliff, "Sold with Bob" (Robert Ratliff Realty) about 3 years ago

Hi Sharon --- it's best to know upfront about any issues in a transaction than to learn after the fact.   Having disclosures completed in advance is best in my opinion.      

Posted by Michael Jacobs, Los Angeles Pasadena 818.516.4393 about 3 years ago

Sharon, GREAT post, and sellers do need to know what to disclose to potential buyers. 

Posted by Joan Cox, Denver Real Estate - Selling One Home at a Time (House to Home, Inc. - Denver Real Estate - 720-231-6373) about 3 years ago

If a house is in bad condition I always recommend the seller pay for a Home Inspection before it goes on the market. This way there are no surprises when it goes under contract. Great post.

Posted by Jeff Stevens, Jeff Stevens REALTOR®/Associate Broker (Berkshire Hathaway HomeServices New Mexico Properties) about 3 years ago

Good morning Sharon. It takes lots of coaching for most sellers, this list is a good way to start, unfortunately many ignore what they need to know.

Great job with your post!

Posted by Joe Petrowsky, Your Mortgage Consultant for Life (Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709) about 3 years ago

Hi Sharon, Sellers many times don't think deep enough or far enough back or think it doesn't matter. It does and buyers want to know.

Posted by Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent (Platinum Properties) about 3 years ago

Sharon, great post. When in doubt disclose, more often than not buyers want to know all the details in order to make an informed decision.

Posted by Amanda S. Davidson, Alexandria Virginia Homes For Sale (Amanda Davidson Real Estate Group) about 3 years ago

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