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Listen "Episode 21: What Do I Need to Disclose When Selling My Home? - Seller's Disclosures"
Episode Synopsis
🎙️EPISODE TWENTY-ONE
When you buy a house, you want to make sure that everything works properly and that there aren't any major defects or issues. At the same time, your agent will want to avoid any surprises during the inspection process. After all, marketing a property with major problems could have an adverse impact on their commission. If a buyer discovers hidden defects after they have moved in and after they have signed their mortgage then they may decide to cancel their mortgage and ask for their deposit back. A good and secured disclosure form would help you avoid these issues altogether.
🗝️WELCOME TO BEYOND THE KEYS🗝️
A Pat Lotz Real Estate Podcast where we take a deep dive into all the craziness that goes on behind the scenes in the Real Estate World and more specifically what Pat and Chris experience on a day-to-day basis! We will be dishing out all the secrets, twists and turns, helpful hints and everything YOU need to know to be successful in your next Real Estate transaction...and some funny and unique jokes along the way!
❓Did you have a question that didn't get answered in this week's episode?! We would be more than happy to answer that and ALL of your questions any day of the week - just give us a call, text, email or dm!
EPISODE TIMESTAMPS:
00:54 - Introduction: What Needs to Be Disclosed
02:14 - Death Disclosure
03:57 - Value in Disclosing
05:37 - Factors Needed to Be Disclosed
06:30 - Disclosure Forms
07:50 - Difficulty in Disclosing Water Problems
09:46 - Insulations and Water Softeners
12:43 - Water Testing
14:04 - What Causes Problems and Its Solutions
16:07 - Environmental Problems
16:54 - Structural Modifications
19:23 - Permits and Regulations
22:40 - Point of Seller Disclosure
24:01 – Disclosures Overview
24:45 – Insurance Claims
27:32 – Closing Thoughts
Connect with our Team:
👍🏻Like our Facebook Page: www.facebook.com/PatLotzRealEstate
📲Follow us on Instagram: www.instagram.com/patlotzrealestate
⏰Follow us on TikTok: www.tiktok.com/@PatLotzRealEstate
🖱️Visit our Website www.patlotz.com
💙There is LOTZ to Love in Livingston County!
#sellersdisclosure #homebuying #homeselling
When you buy a house, you want to make sure that everything works properly and that there aren't any major defects or issues. At the same time, your agent will want to avoid any surprises during the inspection process. After all, marketing a property with major problems could have an adverse impact on their commission. If a buyer discovers hidden defects after they have moved in and after they have signed their mortgage then they may decide to cancel their mortgage and ask for their deposit back. A good and secured disclosure form would help you avoid these issues altogether.
🗝️WELCOME TO BEYOND THE KEYS🗝️
A Pat Lotz Real Estate Podcast where we take a deep dive into all the craziness that goes on behind the scenes in the Real Estate World and more specifically what Pat and Chris experience on a day-to-day basis! We will be dishing out all the secrets, twists and turns, helpful hints and everything YOU need to know to be successful in your next Real Estate transaction...and some funny and unique jokes along the way!
❓Did you have a question that didn't get answered in this week's episode?! We would be more than happy to answer that and ALL of your questions any day of the week - just give us a call, text, email or dm!
EPISODE TIMESTAMPS:
00:54 - Introduction: What Needs to Be Disclosed
02:14 - Death Disclosure
03:57 - Value in Disclosing
05:37 - Factors Needed to Be Disclosed
06:30 - Disclosure Forms
07:50 - Difficulty in Disclosing Water Problems
09:46 - Insulations and Water Softeners
12:43 - Water Testing
14:04 - What Causes Problems and Its Solutions
16:07 - Environmental Problems
16:54 - Structural Modifications
19:23 - Permits and Regulations
22:40 - Point of Seller Disclosure
24:01 – Disclosures Overview
24:45 – Insurance Claims
27:32 – Closing Thoughts
Connect with our Team:
👍🏻Like our Facebook Page: www.facebook.com/PatLotzRealEstate
📲Follow us on Instagram: www.instagram.com/patlotzrealestate
⏰Follow us on TikTok: www.tiktok.com/@PatLotzRealEstate
🖱️Visit our Website www.patlotz.com
💙There is LOTZ to Love in Livingston County!
#sellersdisclosure #homebuying #homeselling
In God we trust