Per the CAR, the Top 10 questions often overlooked when buying a house are:
1. Where is the seller’s disclosure? (Even if you’re in love with a home, be aware of its flaws.)
2. What is the home’s zoning guidelines? (This is especially important if you want to make any structural changes to the house.)
The Real Estate Transfer Disclosure Statement (TDS) describes the condition of a property and, in the case of a sale, must be given to a prospective buyer as soon as practicable and before transfer of title.
A seller should fill out the document while in a “calm and reflective” state rather than while rushed during the signing of many other documents. These are very important documents and should be dealt with seriously.
by Teryn Bonime www.teryndowntheroad.com
Typically your home’s sewer line goes from your house to the street where it ties into the public sewer system. In many areas the homeowner is responsible for their line to the middle of the street. So depending on the location of the issue, you may or may not be responsible for a repair.
by Teryn Bonime www.teryndowntheroad.com
If you’ve ever purchased a home, you know how it can be an anxious time – on many levels.
Will they take my offer?
Will I miss out on a better property?
What will be wrong with the house?
Will the seller fix those problems or will I have to pay for it?
As a seller, you can do a lot to alleviate anxieties of both yourself and for your potential buyers by doing a pre-home inspection. Once you learn what issues the home has, you can either fix them or get bids on what the cost will be.