Raymond Kerege - How To Sell Your Home Without An Agent

THE STATE OF CALIFORNIA DISCLOSURE REQUIREMENTS:

: Any significant defects regarding walls, ceilings, floors, roofs, windows, doors, foundation, fences, driveways, plumbing, and electrical systems. : Lack of compliance with child safety standards. : Additions or modifications to any rooms in the house. : Use of hazardous substances on property. : Zoning violations. : Regular neighborhood noise disturbances. : Any features on property shared with neighbors. : Damage to property fromfire, earthquake, floods, or landslides. : Deaths on property (within three years). : The location of any publicly registered sex offenders or at least ensuring the buyers have knowledge of the sex offender database. WHAT YOUR STATE EXPECTS Many states have strict disclosure regulations similar to those of California. Check with your state department of real estate. They can get you all the forms and checklists you need to make sure you comply with your state’s requirements. It’s also important to contact your city planning department to make sure your property is up to date with all local ordinances. Overlooking issues such as misplaced land borders or an unregulated build could scare off prospective buyers, the last thing you want on the eve of a sale. ON SECOND THOUGHT, GET AN INSPECTION. As you saw from California’s thorough requirements and all the local disclosures that may fall through the cracks, you might want to consider hiring a property inspector, even if your state doesn’t require it.

91

Powered by