Categories:
Home Buyers
Home Sellers
What is a Disclosure Statement? 🤔
A legally binding document in which the seller reveals any potential flaws and issues the buyer needs to know about the property.
Also known as a “Seller’s Disclosure,” this is a legal document that outlines any known flaws that a home seller is aware of that could negatively impact the home’s value 🏡
💡 TIP: Buyers should scrutinize this document closely with their real estate agent to fully understand the condition of a home.
Our best advice? When it comes to buying a home, make sure you get an inspection to confirm what has been disclosed is accurate and discuss any potential deal breakers with your agent.
The three rules of this document are disclose, disclose, disclose.