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Patrick Hurley and Angela Hoffman

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Real Estate Tips
Disclosure Laws >Potential Problems

Every house has some "quirks", and some have material defects that may affect the sales agreement or the asking price. Placing a less-than-perfect house on the market is fine as long as you and your real estate agent give the buyers information on any "hidden defects".

Most litigation in real estate transactions involves the buyer suing the seller for failure to disclose a problem. Whether it is a leaky roof, dry rot, plumbing or heating problems, or a wet basement, most courts do not apply the "let the buyer beware" rule to real estate transactions. Even if the buyers had a structural inspection and you sold the property "as is," you may be held responsible for undisclosed defects.

Sellers have an obligation to disclose both obvious and hidden defects. Courts have not been sympathetic to sellers who have lived in a house and are in a position to know what works and what doesn't, but do not fully reveal the facts. This is one area where honesty is the only policy. Ask your agent for help if you are unclear about any aspects of the disclosure form.

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Real Estate Trivia
Q 
What place is known as "America's Stonehenge"?

A 
A 4,000 year-old stone constructed megalithic site located on Mystery Hill in Salem, Massachusetts.
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Patrick Hurley and Angela Hoffman, REALTOR®, real estate agent and broker for Tallahassee, Monticello and Jacksonville, Florida home listings, property and land for sale

Patrick Hurley and Angela Hoffman
H 2 Real Estate Group

Keller Williams Town & Country Realty
1520 Killearn Center Blvd.
Tallahassee, FL 32309
850-201-8880
Fax: 850-201-4664
h2realestategroup@NUMBER1EXPERT.com

H2 Real Estate Group was formed to continually offer clients the most extensive menu of real estate services available while maintaining the level of care that they deserve and have come to expect. We strive to not only provide valuable real estate services, but also to create a positive experience by educating our clients about the changing real estate market here in Tallahassee and helping them to achieve their individual goals.

MLS REALTOR


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