When selling a home, it is important for the seller to provide relevant information to the buyer (via the Real Estate professional). Gathering this information to provide to us ahead of time will help you when the time has come to list. Here is a general list of information that sellers typically provide prior to listing their home:
1. Property details: Provide a comprehensive description of the property, including the address, square footage, number of bedrooms and bathrooms, and any notable features or upgrades. If using the JTeam, we will do this part for you but you will need to guide us through all of the updates you have completed and any features that make your home unique.
2. Property history: Disclose any known history about the property, such as renovations, repairs, or additions made, as well as the age of major systems (e.g., HVAC, roof).
3. Legal and ownership information: Provide documentation that confirms your ownership of the property, such as the title deed, and disclose any legal matters that may affect the sale (e.g., liens, easements). If working with a Realtor, we can do this for you and all you have to provide is photo ID.
4. Disclosure statements: Sellers are typically required to disclose any known issues or defects with the property, such as water damage, structural problems, pest infestations, or environmental hazards. This helps the buyer make an informed decision and removes any chances of a lawsuit from the buyer in the future. We will walk you through all of the required disclosures to ensure you are protected.
5. Homeowners Association (HOA) information: If the property is part of an HOA, provide information about the association’s rules, fees, and any restrictions or obligations that apply to the property.
6. Utility and maintenance information: Provide details on utility providers (electricity, water, gas) and any service contracts or warranties that may transfer to the buyer. Also, share information on recent maintenance, repairs, or updates performed on the property.
7. Property tax and insurance details: Provide the most recent property tax records, including the assessed value and any exemptions. Additionally, disclose information about homeowners insurance coverage and claims history. As your Realtors, we can help you with this if you don’t have ready access to the information.
8.Home inspection reports: If you have recently conducted a home inspection, share the report with potential buyers. This can help establish trust and transparency and may save time during the negotiation process.
9. Energy efficiency and sustainability features: If your home has energy-efficient upgrades, such as solar panels or insulation improvements, highlight these features and provide relevant documentation or certifications.
10. Neighborhood and community information: Share information about the neighborhood, nearby amenities (schools, parks, shopping centers), and any community restrictions or amenities (swimming pools, playgrounds) that may be of interest to buyers and that you’d want to ensure your Realtor highlights.
It’s important to consult with a real estate agent to ensure you comply with local laws and regulations regarding seller disclosures. We can guide you on the specific information that should be provided to potential buyers in your area