Every home owner that puts their home on the market to sell must complete a "Seller Disclosure Statement". This is a 5 page form that tells any potential buyer everything that you as the homeowner know about the home in the time that you have lived there.

I know this can sound scary to a homeowner of a 1910 home that has had many issues through the time of ownership but for Belltown condo owners I assure you this is nothing to fear. Buyers understand that things happen to homes, and furthermore, anything can be fixed.

When filling out the form be open and completely honest about every issue you have had. There are legal remedies for buyers that recieve false or misleading statements from the seller. Also, if a buyer has agreed to purchase your home, they will have an inspection that may expose anything that you haven't disclosed thus making them wary about your truthfullness. They may wonder what else you haven't disclosed and will possibly terminate the purchase.

So the rule is, if you have a question about whether or not to disclose any issue with the home, the answer is yes. Disclose it.

Kudos:

"Buying your first home can be an intimidating experience. Having you as my agent, however, I felt completely comfortable from the beginning and that continued until the day you handed me the keys! I really appreciate the knowledge and insight you were able to provide me with. You were always available and accommodating, which proved very helpful during the times I was required to be out of town throughout the home purchasing process. If the time ever comes to buy or sell again, I can trust that with you I will be in great hands!”

~Jennifer, Seattle

George Beasley

206-617-4758
george@residentialseatle.com