When it comes to selling your home, many people may be not as forthcoming as they should concerning any flaws in the structure. However, there are some material defects must be disclosed by law, and if discovered, can lead to serious legal problems. Today, we at JMark Inspections would like to share the issues you have to disclose that would likely get caught in a home inspection regardless.
Lead Based Paint Disclosure
Federal law requires you to disclose whether or not you are aware of the presence of lead-based paint if your house was built prior to 1978. When you list with a real estate agency, you are asked to sign a special form indicating whether you are aware of the presence of lead-based paint. If you know there is lead-based paint, be sure to honestly disclose this information.
Failure to Disclose Pest Infestation
In most states, it is required to disclose if you have any pests such as bats, mice, bed bugs, termites and termite damage, as well as other pest infestations. Lawsuits can be filed if you do not disclose these issues. If you know you have these issues, be sure to hire a reputable exterminator to rid your home of pests before listing.
Disclosing Water Damage when Selling a House
Though it is not under federal law, most state laws include penalties for lying about any water damage your home endured.
Selling a House Remodeled Without Permits
If you remodeled your home without a permit, you may be leery about revealing that especially since most communities have permit regulations. Failure to disclose this little fact will get you in hot water, even if you think no one will notice.
Failure to Disclose Roof Leaks
If you have knowledge of any previous roof leaks or damage, it is required you disclose this in most states. The home inspection service will discover any of these issues, and though you may not be aware, it is in your better interest to share this information.
Seller Didn’t Disclose Faulty Appliance
Instead of moving appliances to the new home, many homeowners opt to include the appliances in the price of their home. It is just not worth lying about their condition, so if you are leaving the appliances, disclose even minor problems with them. It is usually better to sell your house without the appliances and should the buyer want them, make it clear that while you will leave them, you will not guarantee they are in working order unless they are still under warranty.
Bought a House with Electrical, Plumbing or HVAC Problems Not Disclosed
The electrical, plumbing, and HVAC system are the home’s basic mechanical elements, which are completely checked during an inspection. Detail any electrical, sewer, heating, or air-conditioning issues thoroughly on the disclosure form. This allows you to be clear of any responsibilities and the new owners know what they are getting into.
What Else has to Be Disclosed when Selling a House?
Other required house related issues include natural hazards, such as zone, near a sinkhole, or in an area prone to flooding or forest fires. Ongoing disputes like problems with neighbors over the location of the boundary lines, the pruning of trees, or the position of your fence should be known for the new owners. Finally, any stigmas such as suicide, murder, or cult activity, and other such incidences also need to be disclosed.