disclosures: Who Should Order HOA Docs?
- 01/17/14 10:10 AM
This certainly becomes a finger pointing activity in some transactions. And why? Folks look to the contract to see who agreed to pay for what. Make sense. Or does it?
Since I’ve seen this aspect of a contract create delays, I’ve taken a different approach. HOA documents are a disclosure – a seller’s responsibility. Don’t worry in advance if the buyers agree to pay for it or not. Just have the sellers get it upfront, and be reimbursed at close of escrow. Some expect title to take the initiative, as that’s what they’ve done in the past. But things have … (7 comments)
disclosures: Do I Have To Tell About the Neighbors?
- 09/19/11 08:51 AM
When speaking with prospective sellers about selling their homes, the topic of disclosures of course always comes up. "Do I have to tell about the neighbors? And while most people have great relationships with others on their block, there are some who have minor annoyances they share, such as: Too many cars parked in front Unkept yards Garbage cans left out in front of the house Christmas light left up all year long RV parking that obstructs a neighbor's view Trees that overhang into a neighboring yard Loud parties Barking dogs Now some of these things will be apparent to prospective … (42 comments)
disclosures: Death as a Disclosure
- 05/22/11 02:32 PM
For some it’s a deal breaker, for others, just something they want to know. In California, if a death has occurred on the property within the past 3 years, it must be disclosed. I’ve had one listing with a death on the property – an older woman who passed away of natural causes. For most this doesn’t cause concern. But when does a death on the premises attach a stigma to the house? And when that happens, how does the innocent house overcome that stigma? Is it the nature of that death? Bad stuff happens in life, and it sometimes happens … (16 comments)
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This certainly becomes a finger pointing activity in some transactions. And why? Folks look to the contract to see who agreed to pay for what. Make sense. Or does it?
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