A seller’s disclosure brings transparency to a real estate transaction and can protect both buyers and sellers. In the disclosure, a seller provides written information about known issues that could hurt the property’s value, such as termite damage, improper drainage or a leaky roof, as well as details like homeowners association fees and restrictions. Proper…
Barbara Marquand writes for NerdWallet. Email: firstname.lastname@example.org. Twitter: @barbaramarquand.
The article Seller’s Disclosure: What Home Sellers Must Reveal originally appeared on NerdWallet.