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Cary, Apex and Raleigh Information:

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Disclosure Laws >Full Disclosure

You are about to list your home. Since you have lived there for many years, you know that it is not perfect. For example, there might be a leak in the basement that is noticeable only after a heavy rain. Your garage door might stick, and the dishwasher may be prone to work stoppages.

Every home has a few quirks. When it is time to sell your home, you have a choice of either making the necessary repairs or letting the buyers know about the problems. Material defects must be fully disclosed.

Some buyers will order a structural inspection in order to learn exactly what they will be getting. Even if the buyers don't ask for an expert to look at the house, it is the seller's responsibility to disclose any known defects in the property. The seller's agent will provide the disclosure form, wherein the seller may itemize any problems. Sellers may avoid any real estate lawsuits over undisclosed defects by making repairs before the sale or agreeing to a price adjustment during the transaction if defects are discovered.

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Q	Fewer than 2 percent of homeowners build this type of home:
A	Fewer than 2 percent build a custom home; most buy an older home or select from a home builder's menu.
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The Robinson Bonello Team, REALTOR®, real estate agents and broker for Cary, Apex and Raleigh, North Carolina home listings, property and land for sale - NUMBER1EXPERT(tm)

Ann Robinson and Roni Bonello
Fonville Morisey a Long & Foster Company
1149 KildaireFarm Road
Cary, NC. 27511
Phone: 919-469-4445
Fax: 919-595-7441
Email: ronibonello@NUMBER1EXPERT.com

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