Showing posts with label real estate disclosure. Show all posts
Showing posts with label real estate disclosure. Show all posts

Sunday, September 28, 2014

Has Someone Died in the House You Want to Buy?

On July 21, 2014, the Pennsylvania Supreme Court held their decision that a death in a home, to include murders/suicides, does not constitute a material defect that has to be disclosed to a buyer. The truth is, there are people who care to know, but in most states the laws do not require sellers and agents to disclose it, including California. But beware, there is the law, and then there is what people actually decide to disclose.

Most people do not even think about the subject when buying a home because they are assuming that it is a law to disclose that information and that the Realtor would tell them. Would you want to be made aware, so that you can make the best decision for yourself?

Then enters Diedinhouse.com! Diedinhouse.com is a web-based application that helps people who care to know, find out if a death occurred at an address before they decide to buy or rent it.

It is a fact that a lot of people care about this subject and knowing would impact their decision to buy or rent. Diedinhouse.com’s job is not to persuade you one way or the other on the subject, our purpose is to help you find out if a death occurred at an address, if you care to know.



Tuesday, July 29, 2014

Get Property Disclosures Before You Hire a Home Inspector

Sellers should provide you with a detailed disclosure of known defects, past repairs and upgrades before you hire a home inspector, or even make an offer for that matter. There is no reason for these items to be provided to you after an inspection, or an offer. This gives you a heads up on issues you will want your inspector to consider for you.

In Northern California, it is standard practice for the listing agent to have all this paper work ready for potential buyers when they first list the property. Sadly, this is rarely if ever seen in Southern California.