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Disclosures – This is the #1 reason sellers get in trouble after the sale of a home for failure to disclose something that they had knowledge of, during the time they owned the home and neglected to disclose or provide information about, to the buyer.

This is very important. You want to be done with the sale of your home after the closing. You don’t want anybody coming back to you asking questions or suspecting that you neglected to give them some important piece of information about an item or problem with the home. A lot of sellers ask me, ‘Well, Sam, if I disclose that, then, it’s going to make the buyer worried about purchasing the home.’ And my answer is: Exactly.  And that’s exactly why you need to disclose it.

A great rule of thumb is, if you think it’s going to worry a buyer, then you must disclose it. It’s the perfect reason to.

In most cases, you’ve had that problem fixed.

• You’ve attended to it,

• you’ve had a professional come in and evaluate it and fix it, or

• you’ve fixed it yourself.

Buyers would much rather see that if there was a problem, that you addressed it and then you can talk about whether it was addressed correctly or if it needs further attention. If it does, you’re going to want to have it addressed. There’s no reason to be afraid of disclosing issues that have happened to the home as long as you’ve addressed them in the right way and made the buyer feel comfortable that everything is taken care of.

Don’t forget to disclose anything. There’s a hundred plus items that you’ll have to go through and consider disclosing when listing your home. My advice is always: disclose everything and let buyers have a peace of mind that you’ve addressed the things in the home. No home is perfect, every home has had problems new or old and you’re better off just letting them know what those were and what you did to fix them.

We’ll talk about this further during your free 1-hour seller consultation. And you can call me to schedule that, at 303-526-2606  or just send me an email Sam [at} SamWilsonGroup.com  As always you can visit my website:  www.SamWilsonGroup.com for lots of information and free reports on this topic and many others.

Until next time