Highlands NC Real Estate, Sellers Not Always Honest
When it comes to Highlands NC real estate, buyers should be aware that sellers are not always honest. Sellers are required to disclose issues with a home. Unfortunately, often sellers do not disclose important information which can lead to surprises for buyers. While there is recourse for buyers who are consciously misled, many issues are minor. An experienced Highlands NC REALTOR will work hard to get full disclosure.
What is disclosure?
Disclosure in a real estate transaction is a requirement for sellers to reveal issues with a home. This can include everything from informing a buyer about a tricky door lock to a leak in the roof. Every home is flawed to some degree. After all, every home inspection will reveal a list of items that are in need of repair or replacement. Ultimately, not every item on an inspection list is a big deal. Additionally, a homeowner may not be aware of every little thing.
Buyers should push for full disclosure. Likewise, when sellers sign off on disclosure statements, they are holding themselves accountable. It is important to not only get a statement but ensure that the questions are asked. A buyer cannot force honesty but by asking the right questions can certainly get as much information as possible about a Highlands NC property.
Learn more about Highlands NC real estate
Contact me, Lynn Kimball, today to learn more about real estate in Highlands NC. I welcome the opportunity to update you on the market while answering all of your buying and selling questions. Understanding the process is an important part of every transaction. Let my knowledge and experience serve as your guide to Highlands NC real estate.
Click here to read “Survey: 94% of Sellers Don’t Disclose Property Defects” from REALTOR Magazine.