When a homeowner puts their house on the market, they’ll prepare a packet of disclosures full of important information about the property. Real estate disclosure laws can vary, sometimes even on a county-by-county basis. Most sellers have a legal responsibility to tell potential buyers about past or present property issues.
Credit expert, Samantha Reeves breaks down the seller disclosure process, and some things for buyers to look out for.
0:20 – Content of Disclosure
0:35 – Timing of Disclosure
0:44 – Major Issues
1:01 – Seller Cover Closing Costs
1:26 – What You Can Learn from the Disclosure
2:19 – Sellers Who Haven’t Occupied the Home
Learn more about Seller Disclosures
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