seller disclosures: Would You Paint the House for Buyers After Closing Escrow?
- 03/05/17 08:52 AM
My clients, I really do adore them, but sometimes they can go overboard with kindness toward buyers. I met with new sellers a few weeks ago, and they are busy getting the house ready. Even though we have covered the subject, and they seemed to have understood, they still want to do things that are a) unnecessary to sell and / or b) can cost them more money in the long run. Because they want to "do the right thing." I get it. But criminy. These are the kind of people who would come over to the house a year after closing … (15 comments)
seller disclosures: Buyers Who Demand Restitution After Closing
- 01/13/15 10:41 AM
There is a big difference after closing a real estate transaction between a buyer's agent who calls to say hey your seller received a package at the house and the buyer put it on the front porch for them and the agent who calls to say her buyer believes the seller lied or twisted some fact and they demand resolution. Yet it happens. It's not unusual for a buyer to feel duped when something goes wrong unexpectedly, as it often does, or a neighbor leads the buyer to believe the seller possibly possessed knowledge about a defect and failed to disclose … (10 comments)
seller disclosures: The Nitty Gritty About the California Real Estate Disclosures
- 07/26/14 02:33 AM
One of my home sellers in Sacramento had questions earlier this week about filling out her California real estate disclosures. I provide an explanation for the documents when the sellers receive them, but sometimes sellers have more questions, and that's what I'm here for. When I'm driving, for example, I can pretty much recite the entire Transfer Disclosure Statement verbatim. I know just about all of the questions by heart in the Seller Property Questionnaire as well. When relaying a story about the real estate disclosures to my husband, he started goofing around and acting like a seller, asking me, how … (10 comments)
seller disclosures: The Scourge of Sacramento Real Estate is Paperwork
- 07/21/14 01:40 AM
There are times I get a lot of pushback from home sellers or home buyers in Sacramento who don't want to fill out paperwork or don't understand when we ask for paperwork that we're not dinging around. There are valid reasons we need paperwork completed and signed. It's not just to keep ourselves amused, far from it. I don't know a real estate agent alive who likes paperwork. Like agents everywhere in the country, Sacramento real estate agents like to sell homes and talk to people -- they don't want to fill out paperwork anymore than a client wants to deal … (10 comments)
seller disclosures: What We Have Here is a Failure to Communicate
- 05/27/14 12:16 PM
Remember that Cool Hand Luke movie? What we have here is a failure to communicate. Have you ever run across a person who, regardless of what you say, takes it the wrong way or builds it into a federal case against you? Every so often, I meet one of those, but it's not a regular thing, thank goodness. In fact, I can't recall the last time I had such a difficult time trying to communicate with another agent. Agents who are edgy and testy for no reason are such an enigma to me because I don't know what to say. You … (6 comments)
seller disclosures: Darn It, Does My Sacramento Home Have Lead Based Paint or Not?
- 11/06/13 12:14 AM
As a Sacramento real estate agent, I examine my seller disclosures thoroughly, and I hope my sellers do as well. That's because we are required to disclose. Anything that I know about the property, as a listing agent, I am required to disclose to the buyer. That might sound a little counter productive to a seller, and a seller might wonder whose side am I on, anyway? Why would I tell a buyer a negative defect exists in the property, if it does? Because it's required by law, that's why. Besides, it's not what you say; it's how you say it. … (2 comments)
seller disclosures: Don't Cry for Me Argentina or How to Complete Seller Disclosures
- 12/06/12 11:09 PM
I tell all of my sellers in Sacramento to disclose. Disclose everything. Don't hold anything back. And I go into great detail about how to complete the seller disclosures. I explain how buyers rarely even read them because they're signing a big ol' pile of papers either before or after a home inspection, and they're just so danged excited to be buying a home in Sacramento that you can tell them anything at this point, and they won't question it. They're too busy figuring out where to put the Christmas tree or what color to paint the bath. But I also … (5 comments)
seller disclosures: The Seller Knew About It and Didn't Tell Me Applies to Short Sales As Well
- 10/29/11 03:27 AM
There is an upside to buying a short sale. There are many upsides and benefits to short sales when you stop to think about it and stop focusing on how long it takes to get the danged approval. One of those benefits is seller disclosure. You don't get a seller disclosure when you buy a bank-owned home. Well, you do, but it's stamped EXEMPT all over it. I tell my short sale sellers to fully disclose. Don't ever be afraid to disclose. Sometimes, sellers worry that buyers won't want to buy their home if they tell them the truth. But that's … (35 comments)
seller disclosures: Home Buyers Don't Care What You Tell Them as Long as You Tell Them
- 10/29/10 02:58 AM
Buyers don't care what you tell them as long as you tell them. That's my opening statement when I hand home sellers a package of disclosures to complete. It's the things you don't tell a buyer that can come back to haunt you, not what you do say. You take a neighborhood where I live and work like Land Park. Because I live in Land Park, I have intimate knowledge about the neighborhood, which agents who live outside of Land Park probably don't know. If they don't know, they can't disclose those facts to a buyer. Although, it could probably be … (22 comments)
seller disclosures: Sacramento Home Sellers Should Never Withhold Material Facts from a Buyer
- 05/10/10 03:00 AM
There's a good reason for agents to hang on to old escrow files in paper or digital format. Especially buyer's agents. That's because somewhere along the road the buyer might become a seller, and those inspections -- performed when the seller was a buyer -- could become important seller disclosures to the next buyer. A listing agent and home sellers are required in California to disclose all material facts to a home buyer. You see, buyers generally don't care too much about what you tell them as long as they are informed. It's the withholding of information that can get an … (12 comments)
Broker-Associate at RE/MAX Gold, Midtown and Sierra Oaks Sacramento office. Co-partner Weintraub & Wallace Realtors. Selling since 1974. Homebuying expert at The Balance. Weintraub & Wallace sells homes from Galt to Lincoln. <
Author Bio: Elizabeth Weintraub is a Sacramento real estate broker, author, home buying expert for The Balance, a Land Park resident, who specializes not only in older, classic homes in Land Park, Curtis Park, Midtown and East Sacramento but sells extensively from Elk Grove to Lincoln. Weintraub is prominently known as the #1 Sacramento Short Sale agent throughout the Sacramento four-county area. Call Elizabeth Weintraub at 916.233.6759. Put 40+ years of real estate experience to work for you.
My clients, I really do adore them, but sometimes they can go overboard with kindness toward buyers. I met with new sellers a few weeks ago, and they are busy getting the house ready. Even though we have covered the subject, and they seemed to have understood, they still want to do things that are a) unnecessary to sell and / or b) can cost them more money in the long run. Because they want to "do the right thing." I get it.
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