Read The Label

It is awful when someone makes a decision to deceive a buyer into taking over their problem. 

If someone doesn't want to fill the disclosure out, there is something they don't want to share - not usually a good sign!

Good morning Bob. As an old timer I was active when "Property condition disclosures" came into being as voluntary and eventually become required. It took some effort to get sellers to comply. Was it worth it, damn right. Enjoy your day.

Hi Bob... FSBO or not, here in NC the contract requires a seller to provide a property disclosure form within three days of ratifying a contract. The issue is rarely if a disclosure is available however a home is sold... the issue is how well it's been filled out. And most disclosures I see are rubbish.

I like the analogy you use regarding the label and the sellers condition report. Ours in PA is now 12 or 14 pages long. My advice to sellers is always if in doubt, disclose it. It is much better to disclose and let the buyer know it was remedied and when rather than just presuming it was remedied so I do not have to disclose it.

A good comparison. The seller’s property condition disclosure really does function like a label for the home, giving buyers a clearer understanding of what they are purchasing.

These disclosures help bring transparency to the transaction by identifying known issues with the property before the buyer proceeds too far into the process. They also help protect both parties by documenting what the seller knows about the condition of the home.

Your point about asking for a disclosure when dealing with a For Sale By Owner property is also important. Buyers should gather as much written information as possible and rely on inspections and professional guidance before moving forward.

Taking the time to review the “label” on a home is one of the smartest steps a buyer can take before making such an important investment.

Good Tuesday morning, Bob. This is good information to share. Home buyers need to be alert.

Hello Bob "RealMan" Timm it is very important for the buyer request from the seller to fill up the Seller Property Disclosure Statement.

Disclosures are required in Texas. Agents must never fill out the disclosure. Buyers review the Seller's Disclosure before they buy - it's part of due diligence; then sign and return to the Seller's Agent. If something changes before the new buyer closes, they need to disclose with an Amendment, and everyone has to sign.