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Tuesday, May 24, 2016

What Should You Include in a Disclosure?

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What should you disclose to potential buyers in Bucks and Montgomery Counties? You want to tell buyers upfront about any defects of the property.

Although this sounds strange, you’ll need to include these details in the Seller’s Property Disclosure Statement. It’s a required form in the real estate process. Buyers will sign this document (after it's signed by the seller) before submitting an offer.

This is an opportunity to inform them of previous leaks and other discrepancies. You don’t want buyers to move in and find out these problems from a neighbor later on.

The disclosure includes positive features, too! Additionally, you’ll disclose any home improvements on this form. This could be an extension, room remodeling, a roof replacement, or similar projects. This helps buyers make a more informed decision. It’s better to disclose instead of hide!

If you’re thinking about buying or selling a home in the surrounding area, give me a call or send me an email. I’d be happy to help answer your real estate questions!

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