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Disclosure Laws >Read the Fine Print
Many states require the seller of a home to fill out a real estate disclosure statement when transferring the title. The disclosure is designed to reveal any material defects in the home to the new owner. When buying a home, take the time to read the fine print of the disclosure form.
Look for a section that asks the seller to indicate the material defects that exist in the home's major systems. Most forms will specify interior and exterior walls, ceilings, roof, insulation, windows, fences, driveway, sidewalks, floors, doors, foundation, and the electrical and plumbing systems. As the buyer you will want to know of defects in any of these areas.
Sellers are required to note the presence of environmental hazards or zoning violations. They must disclose if there are any encroachments or easements, or walls or fences shared with adjoining landowners. Room additions or repairs made without the necessary permits or not in compliance with building codes must be noted. Sellers must disclose citations or lawsuits against the property. If any such conditions appear on the disclosure form, consult with your real estate agent immediately regarding how to proceed with negotiation.
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What was the longest distance a building has ever been moved?
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| A |
Detroit's five-story Gem Theater, built in 1927, was moved 1,850 feet (5 blocks) to make way for two new sports stadiums. |
 See More Real Estate Trivia > |
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Ann H. Hoke
Ann Hoke & Associates
Keller Williams Realty
450 St. Andrews Dr.
Murfreesboro, TN 37128
615-397-4024
Fax: 615-427-4084
AnnHoke@NUMBER1EXPERT.com
Ann Hoke’s method of doing business is “Put clients first and do what you say you are going to do.” As a multi-million dollar producer who consistently ranks among the top 5% of her peers, she is the #1 mega-selling agent with the shortest days on the market while obtaining a 98% list to sales price ratio. Focused on educating clients on present market conditions, home values, marketing plans, and financing options, Ann will do whatever is needed to empower you to make confident and informed decisions. Ann is also known for her free staging service for sellers called StagingMagic, which enables you to get the quickest possible sale for the best price.    
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