Seller disclosures and what do you disclose? This is vital to ensure that you are safe during and after the sale. I highlysuggest going over disclosures with your agent prior to your home going on to the MLS and prior to buyers seeing yourhome. We want them to have previously reviewed the disclosures prior to making an offer. This will ensure that thebuyers don’t back out from things they should have already been made aware of. This is actually a safety net, not only forthe buyers but also for you as the seller. Anything from whether or not you live on a golf course, or if the home has beenflooded, needs to be addressed when you are selling. anything that’s ever been repaired, replaced, modified, added, fixed,changed needs to be disclosed.
So, if you’ve painted, cleaned, or changed the carpets, added new, or fixed the water heater, you need to disclose it. One ofmy common sayings to my clients is you have to ask me if you should disclose it. The answer is almost always: overdisclosure is better than under disclosure and will keep you out of the courtroom. You want the buyers to know anythingyou know about the home and the area that could negatively impact the desirability or the price of your home. When youdisclose properly, you don’t have to worry about a buyer coming. back to you telling you that they’re going to or thatthey’re trying to extract money from you. Obviously, you can only disclose what you know. If there are issues with theproperty that you don’t know, then the buyer would have to prove that you knew beforehand and didn’t tell them. So, to besafe, disclose, disclose.