Why the Property Condition Disclosure is the Seller’s Friend

Kimberly Bean
Published on April 9, 2018

Why the Property Condition Disclosure is the Seller’s Friend

It’s selling season in Southern Maryland, and if you’re listing your house for sale – or planning to – be prepared for the paperwork and the amount of information you’ll need to share about your home.

One of the most important forms you’ll fill out during this process is the property condition disclosure or condition report. On this form, you will tell the buyer anything about the condition of the house that isn’t obvious. This includes the condition of the appliances and major systems in the house and the age of parts of the house like the roof. You’ll also need to disclose whether lead paint, radon, asbestos, or other toxins are present in your house.

Sounds like a real deal killer, right? I mean, you’re basically making a list of what is wrong with the house. I get it. But trust me when I say that the condition report is your friend.

Fill out this form as truthfully as you can and give as much information as you can. You’ll have to fill this form out yourself; it’s not something I can fill out for you, though I am happy to answer any questions you have along the way.

RealtyTimes.com points out that as long as you’ve been truthful and told everything you know about your home, the seller’s disclosure holds you (and me) harmless. You don’t want to give the buyer any room to come back and complain after closing.

So, hold nothing back when you fill out your disclosure. Honesty is always the best policy, and in the long run, it protects you.

Accokeek MD Homes for Sale and Real Estate Services in Southern Maryland. You now have a search engine to help you with your Southern Maryland home search! And I’m ready to provide you with a custom home valuation if you’re considering selling your home. Let’s connect to discuss how I can help you. Contact Kimberly Bean at 301-440-1309

Contact Us!

chat_bubble
Why the Property Condition Disclosure is the Seller’s Friend
Please use a valid email.
Please use a valid phone.
Please fill in all fields.
view now