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louisiana property disclosures: How Inaccurate Home Disclosures Can Come Back to Bite You - 02/17/09 08:02 PM
Disclose, disclose, disclose. This is an agent's mantra when advising sellers during the process of listing their home. Hiding defects is not only foolish (since the home inspector will more than likely find it anyway) but deliberately withholding information about defects in the property is also fraud.
So, what happens if you are just careless in filling out the required Louisiana property disclosure?
Let me tell you a quick story.
A young lady purchasing her first home contacted us recently. She had very specific criteria for what she was looking for, from the number of bedrooms and bathrooms to the … (20 comments)
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louisiana property disclosures: Understanding "As Is With a Waiver of Redhibition" - 06/26/08 07:14 PM
Tracking how people get to my website allows me to see, in detail, exactly what kind of information consumers are looking for about West Bank real estate. Recently, I had a website visitor that came to me by way of a search for "louisiana property disclosure vs. as-is". I figure that if one person asked that question, then there are other folks out there wondering the same thing.
FIRST, it is important to point out that under Louisiana law, sellers (with few exceptions) are required to provide a property disclosure, whether they are selling the property "as is" or not. … (9 comments)
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louisiana property disclosures: Louisiana Property Disclosures Part 6 - All of The Rest of The Things We Need to Know About Your House - 04/23/08 09:23 AM
The end is in sight! Here we are at the final section of the Louisiana Property Disclosure form that all sellers are required to provide.
In case you missed them, here are the other parts in this series:
Louisiana Property Disclosures Part 1 - Yes, You Have to Disclose That!
Louisiana Property Disclosures Part 2 - Bugs, Bugs and More About Bugs
Louisiana Property Disclosures Part 3 - Structure
Louisiana Property Disclosures Part 4 - Plumbing, Water, Gas and Sewerage
Louisiana Property Disclosures Part 5 - Do You Have Power?
A quick recap about disclosures:
Home sellers in Louisiana (including for sale by owners) are required to provide … (9 comments)
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louisiana property disclosures: Louisiana Property Disclosures Part 5 - Do You Have the Power? - 04/21/08 05:51 PM
Before continuing our series on the required Louisiana property disclosures, here is a list of the previous articles:
Louisiana Property Disclosures Part 1 - Yes, You Have to Disclose That!
Louisiana Property Disclosures Part 2 - Bugs, Bugs and More About Bugs
Louisiana Property Disclosures Part 3 - Structure
Louisiana Property Disclosures Part 4 - Plumbing, Water, Gas and Sewerage
A quick recap about disclosures:
Home sellers in Louisiana (including for sale by owners) are required to provide a property disclosure prior to a potential buyer making an offer to purchase. This mandate applies not only to sales, but also to exchanges, bond for deeds and lease … (6 comments)
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louisiana property disclosures: Louisiana Property Disclosures Part 3 - Structure - 04/20/08 09:11 PM
In parts 1 and 2 of this series, we covered the Louisiana property disclosures involving Land and the disclosures involving Termites and Wood Destroying Insects.
A quick recap about disclosures: Home sellers in Louisiana (including for sale by owners) are required to provide a property disclosure prior to a potential buyer making an offer to purchase. This mandate applies not only to sales, but also to exchanges, bond for deeds and lease purchase options.
If the property disclosure is supplied to the purchaser after an offer is received, the purchaser can terminate the purchase agreement without penalty up to 72 hours after receipt. … (3 comments)
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louisiana property disclosures: Louisiana Property Disclosures Part 2 - Bugs, Bugs and More Bugs - 04/14/08 09:40 PM
Previously, we covered the Louisiana property disclosures involving Land.
Remember, home sellers in Louisiana (including for sale by owners) are required to provide a property disclosure prior to a potential buyer making an offer to purchase. This mandate applies not only to sales, but also to exchanges, bond for deeds and lease purchase options.
If the property disclosure is supplied to the purchaser after an offer is received, the purchaser can terminate the purchase agreement without penalty up to 72 hours after receipt. This means that no matter what terms are written in the sales contract, the purchaser can demand the return of … (11 comments)
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Lisa Heindel, New Orleans Real Estate Broker
New Orleans,
LA
More about me…
Crescent City Living LLC
Address: New Orleans, LA, 70131
Office Phone: (504) 327-5303 x 220
Cell Phone: (504) 616-6262
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