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Home Sellers Please STOP LYING on the Sellers Disclosure

By
Real Estate Broker/Owner with Buyers Broker of Florida

Home Sellers Please STOP LYING on the  Sellers Disclosure

Why is it that sellers (and agents) think that just because someone does not live at the house they are selling, they know "nothin about nothin" about the condition of the property?

I received a blank sellers disclosure this morning that has this scribbled on it..."SELLER KNOWS NOTHIN'...NEVER LIVED THERE!!

Stop lying.  Sellers always know more than you think!                  home sellers admit to nothing

I have rental properties that I do not live at...ask me anything about them...I know the status of each because tenants call to complain and I pay the bill to repair. 

  • I know exactly when the roof was replaced 
  • which house was hit by lightening
  • which dishwasher is grinding
  • which septic backed up
  • and even which tenant loosened the toilet

Unless the house is owned by a bank, or a trust, the homeowner knows a bunch...even if it is a "flip" the investor knows too...so fess up!

Home Sellers please stop lying on the sellers disclosure...get a pen and fill it out...and don't skip the hard questions just because you don't want to admit to something.

 Copyright @ Buyers Broker of Florida 2012 " Home Sellers Please STOP LYING on the Sellers Disclosure"

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Representing ONLY the best interest of the Home Buyer...never the seller.

 Eve Alexander Orlando Buyers Agent

 

Show All Comments
Carla Muss-Jacobs, RETIRED
RETIRED / State License is Inactive - Portland, OR

Another great post Eve.  We have Seller's Exclusions for disclosure (under Oregon Statute), but they can't claim they never lived there as one of them.  1) New construction -- NEVER occupied, 2) Sale is a bank owned property, 3) Seller is court appointed receiver, 4) sale or transfer is by a governmental agency.

Other then these "exclusions" the seller has gots to fill out the disclosure -- there is nothing that excludes the seller because they've never lived there.  Your examples as the landlord are the exact reason . . . they know!!

Jul 18, 2012 07:45 AM
Eve Alexander
Buyers Broker of Florida - Tampa, FL
Exclusively Representing ONLY Tampa Home Buyers

Carla, that is interesting. 

Written sellers disclosures are not mandatory in Florida, but the duty to disclose either in writing or verbally is required.

 

Jul 18, 2012 08:32 AM
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