Good Afternoon All,
I hope your day is off to a great start! After the past couple of days of non-stop rain, I’m sure everyone is ready to enjoy this sunny Florida weather!
Today, I wanted to talk about the Sellers Property Disclosure form that you may have heard of. At first I thought that was more a topic of discussion for property owners or sellers, but really buyers need to know this topic for when they go to purchase a home.
Do you think a Sellers Property Disclosure is required in the state of Florida? Meaning, do you think a seller has to provide a property disclosure to a potential buyer? This answer may shock you, but a sellers property disclosure is NOT required in the state of Florida. I will say this though, as Realtors and Real Estate Brokers, we try to do everything we can to protect all parties involved. I know when I’m representing a seller, I strongly encourage them to complete a Sellers Property Disclosure. Also, when I’m working with a buyer and I feel we’re getting to the point where an offer maybe submitted, I also ask the sellers Realtor for a property disclosure.
Please keep in mind even though a seller is not legally required to complete a Sellers Property Disclosure, a homeowner does have to disclosure facts about the property that would affect the property value. (sinkhole activity, encroachments, systems not working, etc.)
For more information and insight on Sellers Property Disclosures, please feel free to check out this article that Florida Realtors posted on their website. >>> http://bit.ly/FloridaRealtorsPropertyDisclosure
As always, if you have any questions please feel free to email me at Info@Search352Homes.com or Call/Text (352) 577-9171
Make it an awesome day! -Duke