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As of January 1, 1994, the State of Texas mandates homeowners to provide a Seller’s Disclosure Notice. Homeowners are now responsible for full disclosure of items that could affect a buyer’s decision to purchase. Simply said, if there is or has been a problem or repair and you know it, then you must disclose it to the buyer. This form must be completed, signed and dated by the seller and furnished to prospective buyers. The form must be updated should changes arise throughout the listing period.
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The Top 11 Problem Causers |
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Foundations
Water Penetration
Termites
Root Problems
Spetic Tanks |
Repairs
Roof Issues
Insurance Claims
Previous Inspection Reports
Lead Based Paints
Drainage | |