Wellesley, MA Real Estate Information: How Reliable is a Seller’s Disclosure?
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A seller’s disclosure (or lack thereof) of problems with his home can bring up a slew of questions, as well as a large gray area when it comes to what the truth really is. In today’s real estate market it is clear that many sellers simply want to sell their homes and when they receive a contract all they want to do is see the closing come to fruition. The desire to close can make a seller conveniently forget about issues that exist with the home and a buyer owes it to himself to seek out the truth. What is the best way to find out what issues may exist with a home? Hire a home inspector, one with a solid reputation.
A home inspection can make or break a deal but it is extremely important for a home buyer to know what issues may exists with the home that they are under contract on. Important issues like mold, a leaky roof, the presence of radon, termites and the like, can pose an inordinate amount of problems and facing them head on and clearing up the problems will benefit everyone in the long run.
Most states have disclosure laws, whereby homeowners must disclose any issues that exist. However, finding out after closing that the seller did not disclose certain information ahead of time can lead to costly and lengthy legal battles. Do yourself a favor, if you are buying your home examine it carefully before sealing your deal.
Call me if you want help with your home purchase. We have a team, Christine Norcross & Partners, at William Raveis and we can help you find your dream home in the Boston Metro West Market – Natick, Newton, Needham, Wellesley, Wayland, Weston and more.
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