When you are listing your home for sale, your Real Estate Agent will present you with a Property Disclosure form that asks if you are aware of any existing or prior problems with your home.
Sometimes sellers decide not to disclose a prior problem because they may feel that since it is no longer an issue no one needs to know. WRONG!
People talk - neighbors, contractors, friends and even family. When a buyer "discovers" an issue on their own it can quickly derail your sale.
When sellers disclose an issue to me prior to listing their home, I am able to address the issue up front;
- If the issue can be corrected then I typically suggest you get it fixed prior to listing your home.
- If on the other hand the issue is one that you cannot afford to take care of, and/or the issue is one that is better corrected once the home is empty, we can take that into consideration when deciding on the list price for your home.