What is Home Seller Disclosure?

By
Real Estate Agent with Long and Foster Webber and Associates

Virginia Seller's disclosure is critical to a smooth home sale and reducing seller liability, but not all owners are aware of its value when selling their home in #WinchesterVA.  

The reason is seller disclosure reduces liability. If a home buyer knows about a problem up front, then they can't later claim you hid it from them. A buyer can file a consumer fraud suit that can cost you three times as much as taking care of the problem in the first place. So avoiding disclosure is like crossing the street with your eyes closed--eventually you will get hit.

Seller disclosure not only includes a duty to disclose problems you know about, but it also includes responsibility to disclose problems you should have known about.  Unfortunately in our market with so many foreclosures banks are trying to sell "as is" which is always a problem when it comes to financing. 

 

So when you decide to sell your home, please contact me and let's get started!

The following articles are a great place to start if you're looking for information about the sales process and how you can get more for your home when you decide to sell your home.

The Basics of Marketing Your Home How to Set a List Price for Your Home
Get Your House Ready to Show Buyers Why Use a Realtor when Selling a Home
7 Keys to Selling Your House Ready to Sell
Getting a Realtor Setting Your Price
Market Your Home Offers, Counteroffers and Negotiation
Sales Agreement Moving Day
What to Pack Last How to Pack for Moving
How to Set a List Price for Your Home Basics of Marketing Your Home
Add on or move Selling Your Home - Do You Improve it or Leave it?
Making the Most of a House Hunting Trip Ten Ways to Make Your Home Cozy
How to Chose a Realtor What A Realtor Does
Are You Ready To Sell? A Contingency Offer On Your Home
Google Beth Paisley Real Estate News and Advice
How To Stage Your Home To Sell Winchester Price Trends - Sold vs. Listed

 

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Topic:
Home Selling
Location:
Virginia Winchester City County Winchester
Tags:
home selling
selling a house
how to sell your home

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Rainmaker
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Jeff Jensen
The Federal Savings Bank/Lending in 50 states - Greenwich, CT

Seller disclosures often flirt with not telling the whole truth.

Aug 25, 2014 08:15 AM #1
Rainmaker
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Kathleen Luiten
Resort and Second-Home Specialist - Princeville, HI
Kauai Luxury Ocean Home Sales

We always encourage our Sellers to disclose everything

Aug 25, 2014 12:00 PM #2
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Rainmaker
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Beth Paisley Realtor with Long and Foster Webber

Winchester Virginia 540-327-2813
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