A Seller's Disclosure Is A Must When Selling Your Home
When listing your home for sale, you must by Kentucky state law, provide a seller's disclosure. A seller's disclosure is a document that you sign that tells any potential buyer about any important defects or issues that may affect the value and desireablity of your property, including:
- Basement condition and whether it leaks
- Roof condition and whether it leaks
- Source and condition of water supply
- Source and condition of sewage service
- Working condition of other systems in the home, i.e. electrical, swimming pools, etc.
It is the responsibility of the homeowner to disclose any past or potential issues that may effect the value and continued desirability of your advertised property. Real estate law varies from state to state, and some require you to reveal everything from a leak in the faucet to a neighbor who may be a nuisance.
Be sure you are aware of the disclosure laws for your area. As an additional incentive to attract an offer on your home, you might consider offering a one-year warranty to the new buyer. This often gives them the peace of mind to proceed with buying your home.
Selling a home is a complex transaction. You can trust Janie Marksberry to guide you through the complexities of selling your home. Experience, web savvy, negotiation skills and proven performance - those are criteria you should consider when choosing a broker to sell your home. Janie's experience with the Owensboro real estate market will give you 'the edge'. Janie's slogan is true:
"Janie Knows Real Estate"
Make her experience and skill work for you - call her at 270-683-6830 or send her an email.
