Here are some ways that it pays to hire a real estate professional.
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There are many things that working with a real estate professional can give you. The ability to be guided through the entire process so you don’t have any legal or financial issues down the road is key.
It’s important to get guidance on signing any legal document, particularly any disclosure documents. Having a seller property condition report prior to signing the contract is important as well. In our area, agents should be providing that to a buyer before signing a contract.
You must fill out the disclosure forms to the best of your knowledge.
We always tell sellers to fill out disclosure forms to the best of their knowledge. It does not require you to go back and do an investigation, it’s just disclosing what you know about your home to the best of your knowledge.
One thing you’ll want to discuss is what’s remaining with a property. If there are appliances in a vacant home, the buyer may assume these things will stay and don’t put them into your contract. Make sure you let them know if something like that is staying put or going.
Other things they may need to know about include a septic tank, which will require an inspection. Significant defects, such as termite damage or a crack in the foundation, should always be disclosed. The same goes if the property is in an HOA or has area-specific restrictions.
So many things can create problems for sellers after closing if they’re not properly disclosed. That’s why it’s so important to have someone on your side who’s looking out for these things and guiding you through the process. If you have any questions about selling your home or real estate in general, don’t hesitate to reach out via phone or email. I look forward to hearing from you soon.