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Cumming, Alpharetta and Suwanee Information:

  • About Cumming - Moving to Cumming, Georgia? Get info here...

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Real Estate Tips
Disclosure Laws >Defects Must Be Revealed

Disclosure laws make it important to reveal all material defects when you are selling a home. It is important to be absolutely candid with your agent and all buyers about the condition of the property. If there is anything wrong with the roof, the plumbing, the wiring or structure, it will probably not remain a "sleeping dog". The problem will probably wake up, snarl, growl and snap at your ankles at the precise moment your buyers feel their first stirring of buyers' remorse.

It is unlikely that defects will go undetected, because most buyers get a home inspection before they are contractually obliged to complete the purchase. Even if the problems do not surface before the closing, your liability does not end after the closing for any defects you may have forgotten to report. Buyers almost never accept misrepresentation graciously, but they can usually deal with a house that is short of perfection if they know what they are getting into from the beginning. When selling your home, your real estate agent will provide you with a seller's disclosure form. Protect yourself by clearly describing any material defects prior to the sale.

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Real Estate Trivia
Q 
What is the least affordable metropolitan housing market in the United States?

A 
California's Los Angeles-Long Beach-Glendale is currently rated as the most expensive metro area in the nation.
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John Foster, REALTOR®, real estate agent and broker for Cumming, Alpharetta and Suwanee, Georgia home listings, property and land for sale - NUMBER1EXPERT(tm)

John Foster
RE/MAX of Greater Atlanta

10220 Medlock Bridge
Duluth, GA 30097
770-722-7010
Fax: 678-301-4137
JohnFoster@NUMBER1EXPERT.Com


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