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7 Key Things About Seller Disclosures Every Homebuyer Should Know

HomeLight

You go to investigate the root cause of the water intrusion and discover something worse than wet carpet: evidence that the seller likely knew about the issue and told you nothing (nada! This is the exact type of unfair scenario that seller disclosures are supposed to protect you from as a homebuyer. Full disclosure.

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What’s on the Texas Seller Disclosure Form — and Why Does it Matter?

HomeLight

HomeLight’s free Agent Match platform can connect you with a top-performing agent in your market who can help you navigate your entire home-selling journey — from disclosures to closing. Is a seller’s disclosure form required in Texas? While not every state requires a formal disclosure form, Texas is one state that does.

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What Must Be Disclosed When Selling a House in Florida?

HomeLight

Let’s jump into what you need to know about Florida’s seller disclosure form — and what it means for sellers, and buyers, in the Sunshine State. Find a Top Florida Agent to Help You Navigate Disclosures. The purpose of the disclosure form is to make known what you know. It can even help you close a deal sooner. “A

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Home, Sour Home: How Homebuyers Can Avoid a ‘Lemon’

HomeLight

But there are protections in place that are designed to prevent the sale of a “lemon” house equivalent. Seller disclosures. In many states, seller disclosure forms are required to complete a real estate transaction. Working out a compromise with the seller may be in your best interest.

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What Does As-Is Mean When House Hunting? And When Should Buyers Consider an As-Is Home?

HomeLight

There are a few different types of as-is designations, and what as-is really means varies by designation. And if your house is close to a flood zone, but not technically in a flood zone, it’s wise to talk to your insurance agents about purchasing supplemental flood insurance … just in case! It’s not zoned for its use.

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Do You Need a Disclosure Form to Sell a House in New Jersey?

HomeLight

If you need assistance navigating the legalities of what to disclose when selling a home in New Jersey (NJ) or using seller disclosure forms, HomeLight always encourages you to reach out to your own advisor. Do sellers have to disclose anything other than lead paint hazards? Find Agent. Joanne Botwinick. Real Estate Agent.

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8 Essential Steps to Navigating Escrow in Home Buying

Realty Biz

The National Association of Realtors (NAR) conducted a survey in October 2022, revealing that approximately 7% of deals in the preceding three months got terminated before reaching the closing stage. It is vital for both buyers and sellers to meticulously review these documents to ensure accuracy and avoid any misunderstandings or disputes.