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Disclosure Laws >Full Disclosure

You are about to list your home. Since you have lived there for many years, you know that it is not perfect. For example, there might be a leak in the basement that is noticeable only after a heavy rain. Your garage door might stick, and the dishwasher may be prone to work stoppages.

Every home has a few quirks. When it is time to sell your home, you have a choice of either making the necessary repairs or letting the buyers know about the problems. Material defects must be fully disclosed.

Some buyers will order a structural inspection in order to learn exactly what they will be getting. Even if the buyers don't ask for an expert to look at the house, it is the seller's responsibility to disclose any known defects in the property. The seller's agent will provide the disclosure form, wherein the seller may itemize any problems. Sellers may avoid any real estate lawsuits over undisclosed defects by making repairs before the sale or agreeing to a price adjustment during the transaction if defects are discovered.

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Q	What Las Vegas hotel is famous for its casinos and is the largest hotel in the US.?
A	With 5,012 rooms, the MGM Grand Casino is considered the largest hotel in the US.
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Wes Wagner, REALTOR®, real estate agent and broker for Yorktown, Newport News and Williamsburg, Virginia home listings, property and land for sale - NUMBER1EXPERT(tm)

Wes Wagner
William E. Wood and Associate Realtors
1030 Loftis Blvd, Ste 200
Newport News, VA 23606
757-508-7141
Fax: 757-596-9811
weswagner@NUMBER1EXPERT.com
Wes Wagner is your Award Winning Realtor! He has been a member of the Outstanding Salesmanship Club Since 1984, in the Top 5% of all residential sales agents in the Virginia Peninsula Association of Realtors® for 2006, as well as selling and closing nearly $6 million in real estate in 2006. Wes Wagner is the best in the business so contact him today! Member VPAR outstanding Salesmanship Club for the last twenty three years. Earned Certified Residential Specialist in 1996 - Only 5% of agents qualify, nationwide. More than sixteen years experience.

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NUMBER1EXPERT™ in real estate for Yorktown, Newport News and Williamsburg, Virginia, Military Relocation, Certified Residential Specialist, Virginia

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