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Selling Your Home >Full Disclosure
If you are about to list a home that you have lived there for many years, you know that it is not perfect. For example, there might be a leak in the basement that is noticeable only after a heavy rain. Your garage door might stick, and the dishwasher may be prone to work stoppages.
Every home has a few quirks. When it is time to sell your home, you have a choice of either making the necessary repairs or letting the buyers know about the problems. Material defects must be fully disclosed. Some buyers will order a structural inspection in order to learn exactly what they will be getting. Even if the buyers don't ask for an expert to look at the house, it is the seller's responsibility to disclose any known defects in the property. The seller's agent will provide the disclosure form, wherein the seller may itemize any problems. Sellers may avoid any real estate lawsuits over undisclosed defects by making repairs before the sale or agreeing to a price adjustment during the transaction if defects are discovered.
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What does the abbreviation PITI stand for?
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Principal, Interest, Taxes and Insurance are the four major items included in a monthly mortgage payment. |
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Mike and Teri Graf Graf Home Selling Team 5408 Blairs Forest Way NE Cedar Rapids, IA 52402 Primary Phone: 319-491-0000 Mike's Cell: 319-981-3702 Teri's Cell: 319-981-1748 Fax: 319-362-0850 INFO@GHST.COM
Welcome! View the Graf Home Selling Team, A TEAM THAT HAS EARNED DIAMOND NUMBER ONE EXPERT RECOGNITION!!. Here You Can Find Great Information on Cedar Rapids, Hiawatha, Marion, Robins, and surrounding area homes for sale! LISTEN TO US LIVE EVERY OTHER FRIDAY ON WMT AM 600 and remember, SOLD in 120 days or WE BUY IT!! WE ARE THE REAL DEAL! EXPERIENCE MATTERS, PROVEN RESULTS. CALL US TODAY! 
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