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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 are the financial benefits of having a home near a body of water?
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The mere presence of water within 300 feet increases a home's value by 22 percent. |
 See More Real Estate Trivia > |
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Nancy Stone Bourgeois
Keller Williams Realty
243 Beauvoir Road, Suite A
Biloxi, MS 39531
228-216-2333
Fax: 866-661-9266
nancybourgeois@NUMBER1EXPERT.com
"My mission is to make your buying or selling of real estate a pleasurable experience." As a top producer for ten years, Nancy maintains the highest level of professionalism. She has over 17 years of marketing experience, complemented by her honesty, integrity and high energy. Nancy is extremely knowledgeable about trends and lifestyles on the Mississippi Gulf Coast, where she was born and raised. She is a skilled negotiator, knows the area and is second to none in finding homes to match your needs. Nancy's excellence and vision in Real Estate can bring you Results!   
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