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Thursday, July 17, 2014

Home Seller Tips: If its a defect, its a defect.

If you are selling your home the number one rule to keep you out of trouble...never attempt to hide a defect.

This is similar to the other number one rule to keep you out of trouble...disclose!

While you can stage your home "around" an issue by arranging furniture or painting with a lighter color to make a room look bigger, to attempt to hide a defect is being deceitful.

What are some of the things that should be disclosed?   

Many of these are covered by the seller's real property disclosure sellers usually complete when they list their Florida home sale.

  1. Issues regarding any claims and assessments.
  2. What are the deed/Homeowner's Association restrictions?
  3. Property Related Items such as surveys conducted, boundary disputes, or any fences.
  4. Issues regarding the land such as drainage problems, sinkholes, soil movement, etc.
  5. Potential environmental issues such as hazards, any proposed changes that may affect the property value, etc.
  6. Zoning issues such as current zoning, appropriate current use, etc.
  7. Flood issues.
  8. Termite and wood destroying organism questions such as a termite problem (current or past), any termite inspections, treatment and the like.
  9. Any structural issues.
  10. Roof related items such as age of the roof, any leaks (past or present),roof warranty, etc.
  11. Plumbing related issues.
  12. Pool/hot tub/spa questions.
  13. Identification of appliances owned, leased, etc.
  14. Electrical System.
  15. Heating and Air Conditioning.
  16. Any other equipment such as security system, sprinkler system, garage door openers and the like.
  17. Any other matters that may affect the value of the property.
Any attempt at hiding or non disclosure could cast a doubt about what else are these sellers hiding?

When you are ready to sell your Melbourne, Florida home give me a call at 321-693-3850 for your free market analysis.

agent@moving2brevard.com

Image courtesy of Stuart Miles / FreeDigitalPhotos.net

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