Typical Disclosures For Selling Property
People who sell “by owner” may not know about all the municipal, county, state and federal laws and disclosure statements covering real estate sales. When you list with an agent, they usually require signatures on several disclosure forms, depending on the city and state when your property is located. It can be risky when you don’t know what’s expected of you as a by-owner seller.
Typical advice available online indicates that the disclosures required for a real estate transaction handled by listing and selling agents are also required for an “as is” sale. This list may vary, depending on your location and whether you are selling commercial or residential property:
These items are examples of issues that must be noted on disclosure statements and given to prospective buyers:
a. Sewer or septic problems;
b. Furnace, air conditioning or ventilation system problems;
c. Termites and termite damage;
d. Foundation movement, cracks and previous repairs;
e. Stove, refrigerator, dishwasher and built-in microwave problems;
f. Earthquake and flood zone dangers;
g. Roof leaks;
h. Old lead-based paint exposure;
i. Radon and asbestos presence; and
j. Zoning infractions.
Avoid Disclosure Statements – Sell to We Pay Fast
If you have a property with one or more of the issues listed above, and you prefer to avoid having to provide disclosure statements, consider contacting We Pay Fast.
The professional investors at We Pay Fast are cash buyers with plenty of experience buying and selling properties as is. Use of a signed waiver instead of several disclosure statements may be a possibility for your sale.
By calling 1-800-WePayFast (1-800-937-2932), emailing info@wepayfast.com, or completing the brief contact form online, you will hear back from a We Pay Fast team member within 24 hours. You can discuss your property for sale, your price, and your preferred timeline for closing, as well as your need to waive disclosure on any of the situations listed above.
Call 1-800-WePayFast (1-800-937-2932) and speak to a We Pay Fast investor to avoid typical disclosures for selling property.