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Disclosure Laws >Defects Must Be Revealed
Disclosure laws make it important to reveal all material defects when you are selling a home. It is important to be absolutely candid with your agent and all buyers about the condition of the property. If there is anything wrong with the roof, the plumbing, the wiring or structure, it will probably not remain a "sleeping dog". The problem will probably wake up, snarl, growl and snap at your ankles at the precise moment your buyers feel their first stirring of buyers' remorse.
It is unlikely that defects will go undetected, because most buyers get a home inspection before they are contractually obliged to complete the purchase. Even if the problems do not surface before the closing, your liability does not end after the closing for any defects you may have forgotten to report. Buyers almost never accept misrepresentation graciously, but they can usually deal with a house that is short of perfection if they know what they are getting into from the beginning. When selling your home, your real estate agent will provide you with a seller's disclosure form. Protect yourself by clearly describing any material defects prior to the sale.
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| Q |
What bizarre post-midnight pageant celebrated the great transformation in Manhattan architecture during the 1920s?
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| A |
Beaux-Arts Architects' Ball (January 23, 1931) at the Hotel Astor commemorated the end of the first skyscraper age. |
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Pamela Holmes
ReMax of Buckhead at Brookhaven
4246 Peachtree Road
Atlanta, GA 30319
Phone: 404-429-9244
eFax: 770-200-1607
Email: pamelaholmes@NUMBER1EXPERT.com
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Sincerely,
Pamela M. Holmes
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