If you want to sell your home federal, state, and local laws require you to disclose any information that affects the value or desirability of your property to potential buyers from the get-go. Here are three pieces of information you must disclose:
1. Physical condition: This refers to the overall structure of the home and includes the foundation, roof, electrical system, plumbing, insulation, sewage, etc.
2. Health & safety hazards: This includes environmental hazards and disclosures about past damage from natural disasters as well and includes disclosers about lead-based paint, asbestos, radon.
3. Legal concerns: This includes disclosing any pending lawsuits and compliance with local building and zoning codes.
As always, your agent can guide you through this process, so you want to be sure you have a great one… give us a call at Cooper Realty Associates and put us to work for you – 302-856-6434.