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the proven resource for selling, financing, maintaining and improving your home
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Free FSBO Guide
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additional resources:
the best
For Sale By Owner book
The best-selling guide book
for all sellers. FSBOComplete™ is organized into 8 Simple Proven Steps, guaranteed to help you sell your house.
FSBOComplete™ gives sellers knowledge and control of the whole
selling process + the know-how that puts sellers on equal footing with realtors.
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FSBOComplete™ eBooks.
By reading and following FSBOComplete™ proven guides, you, the For Sale By Owner
seller, will find the answers to your questions and:
- Sell your house for the most money, in the shortest time, with the least aggravation
- Get the know how that will put you, the For Sale By Owner seller, ahead of your competition, like how to:
- Maximize your profit by setting the right price
- Handle inspection issues
- List your house on the Internet for FREE
- Gain knowledge and control of the whole selling process
- Learn to negotiate like the top agents
- and much, much more
Home Disclosures
© 2007 Complete Books Publishing, Inc.
Summary: As a for sale by owner seller, you will need to fill out a
home disclosure form in order to tell your potential buyers about the physical condition of your property. The law regarding home disclosures varies from state to state.
As a seller, you will need to fill out a home disclosure form in order to tell your potential buyers about the physical condition of your property.
Because the law regarding home disclosures varies from state to state, we recommend you check with an escrow agent or someone else
familiar with the specifics of your locale.
REMEMBER, you only have to disclose those things you have knowledge of. If you had a problem, even once,
such as your basement flooding, disclose it, but don't forget to put in the fact it happened only once due to a Category 5
hurricane. If you did have a problem and corrected it, it is no longer a problem. Since it isn't a problem any longer, there is nothing to disclose. BUT, always be honest when if asked a specific question.
Other Home Disclosures
You'll also have to fill out a lead paint disclosure if your house was built before 1978.
(Of course, if you have no knowledge as to whether there is lead paint,
that is all you are required to say.)
You may also need a mold disclosure. (NOTE: This is new and is not required in all states.)
NEVER LIE. Honesty is the only policy. Just as we have all heard on TV courtroom dramas "Do you swear to tell the truth, the whole truth and nothing but the truth?"
Even though you will not be under oath, everything you say or do has to be the truth.
Some things that you do not have to disclose are how the area has changed or that the neighbor next door was arrested for counterfeiting.
REMEMBER: Home Disclosures are very important, are required by law and they have to be signed by both you, the seller,
and the buyer prior to closing or settlement.
see Escrow ABC's for more information about escrows.
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