| When selling your home there is a process | | | | |
| that must be observed known as Property | | | | A home inspection is a great way to discover |
| Disclosure. This is when you as the home | | | | any problems that exist in your home. A good |
| owner must list in detail, all problems that | | | | inspection will identify anything that would |
| relate to your home. Any negative aspects | | | | be an area of concern to a new owner. |
| that could affect the value of the property | | | | However, if this inspection is done during |
| are required by law, to be disclosed. Now, | | | | the sale process it is not necessarily your |
| keep in mind that you must only disclose that | | | | responsibility to correct. It can, in fact |
| which you are cognizant of. However it is | | | | become a negotiating point for the sale. If |
| fraudulent to conceal problems that you know | | | | there is anything that you are unsure of |
| about. Be honest about these things, it can | | | | whether or not to disclose, it is a good |
| save you a lot of money and trouble in the | | | | practice to disclose it. Keep in mind that |
| long run. What kind of things can affect the | | | | the required disclosures vary from state to |
| value of your home and should be listed? | | | | state, but the one thing that does not change |
| There are numerous things that can fall into | | | | is that all known problems must be declared. |
| this category. The most talked about drawback | | | | Full disclosure is always the best policy, it |
| currently is mold. Other things such as | | | | shows that you as a seller are a trustworthy |
| flooding problems, roof leaks, faulty wiring | | | | individual and that you are concerned about |
| and plumbing are things that are necessary to | | | | the future of your home and its new owners. |
| disclose. | | | | |