Highlands NC Real Estate, Disclosure is Important
Disclosure is an important part of a Highlands NC real estate transaction. Sellers are required to reveal issues with a home. Unfortunately, there are many who do not disclose information that is important for buyers to know. Anyone considering selling a property should sit down with an experienced Highlands NC REALTOR to understand the process and learn more about disclosure.
What is disclosure?
A homeowner should reveal issues that have occurred in a home, repairs that have been made, and any ongoing issues. This could include plumbing, electrical, foundational, or system issues. A disclosure system is required and it is a good idea for a buyer to look at this statement prior to a home inspection. Additionally, it is important for sellers to understand that the disclosure statement is required of them.
Issues arise after closing
It is very common for buyers to find issues after closing on a Highlands NC home for sale. While these issues may not be huge it would have been helpful to know about them beforehand. Additionally, many issues are the result of homeowners’ handiwork. As a result, learning as much about a home as possible prior to closing is a good idea.
Learn more about Highlands NC real estate
Contact our team at Berkshire Hathaway HomeServices Meadows Mountain Realty today to learn more about buying and selling Highlands NC homes. We welcome the opportunity to update you on the market while answering all of your questions. Let our 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.