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Real Estate Tips
Disclosure Laws >Read the Fine Print

Many states require the seller of a home to fill out a real estate disclosure statement when transferring the title. The disclosure is designed to reveal any material defects in the home to the new owner. When buying a home, take the time to read the fine print of the disclosure form.

Look for a section that asks the seller to indicate the material defects that exist in the home's major systems. Most forms will specify interior and exterior walls, ceilings, roof, insulation, windows, fences, driveway, sidewalks, floors, doors, foundation, and the electrical and plumbing systems. As the buyer you will want to know of defects in any of these areas.

Sellers are required to note the presence of environmental hazards or zoning violations. They must disclose if there are any encroachments or easements, or walls or fences shared with adjoining landowners. Room additions or repairs made without the necessary permits or not in compliance with building codes must be noted. Sellers must disclose citations or lawsuits against the property. If any such conditions appear on the disclosure form, consult with your real estate agent immediately regarding how to proceed with negotiation.

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Real Estate Trivia
Q 
What vast and beautiful territory is named with an Indian word meaning "Big Village"?

A 
Canada
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The Marilyn Group, REALTOR®, real estate agents and broker for Franklin, Brentwood and Metro Nashville, Tennessee home listings, property and land for sale - NUMBER1EXPERT(tm)

Marilyn Denney Johnston
Fridrich & Clark Realty

5200 Maryland Way, Suite 101
Brentwood, TN 37027
Toll Free: 888-922-8317
Mobile: 615-533-9377
Office Direct: 615-263-4803
Marilyn@NUMBER1EXPERT.com
Marilyn@MarilynTheRealtor.com

Selling or buying a home can be stressful. Whether you are a seller, buyer or developer, let me negotiate to save you money. Your needs and wants are important to me. Tell me your goals, I will listen and help you achieve them. Interest rates are great, why wait, let's get started today. Marilyn Denney Johnston (The Marilyn Group, Fridrich & Clark Realty): Real Estate Agent in Franklin, Williamson County, Tennessee

ABRGRIeProEqual HousingMLSREALTOR


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