When it comes to home buying or home selling it's crucial you have a good understanding of not only the process, but also the requirements and standards of practice when it comes to real estate disclosures.
Yet another item we commonly use by practice (not statue, not yet) however yet required and mandatory by many offices is the STATEWIDE BUYER SELLER ADVISORY(SBSA). This is a 10-page Advisory for both the buyer and the seller in the real estate transaction.
Included on page one, each with bulleted points:
- BUYER RIGHTS AND DUTIES:
- SELLER RIGHTS AND DUTIES:
- BROKER RIGHTS AND DUTIES:
It's also important to note this advisory does not replace locally required discloures, it's to help make parties aware of the roles and duties of each in the transaction.
I'm a firm believer in providing as much advance information possible when it comes to home buying and homes selling, that's why I provide dislosures/advisories in advance when possible. Having the knowledge and understanding in advance can hopefully make the home buying process a litttle less overwhelming for consumers.
So when it comes to home buying or home selling in Southern California, contact me, you can reach me at Lynda@PreferredHomeBrokers.com. If you're a home seller check out my special site HomeSelling101.com. My company Preferred Home Brokers is a well established residential brokerage, we've been serving buyer and sellers for decades. I am the Broker and the Owner.
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