Kelly Broaddus  |  eXp Realty  |  888.446.5602  | Contact Kelly

Sellers need to make sure they disclose every last little thing.

 

Today I’ll talk about the seller’s property disclosure statement (SPDS). Sellers sometimes forget about a little crack on the ceiling that they repaired years ago or similar small things. They sometimes think that those small things don’t make a difference. However, it's very important that you rack your brain and put everything you can on the SPDS.

 

When a buyer purchases your house, if you didn't disclose everything about the history of your house from the time you purchased, there is the potential for a non-disclosure lawsuit that the buyer will win. The SPDS protects you, and you often don't have to fix the things you disclose. You want your Realtor to look over the SPDS once you've filled it out and let you know if they think there's anything you need to add. You also want to have the buyer’s Realtor look at the SPDS to make sure they don’t think anything is missing.

 

If you have any questions, visit NorthernArizonaFineHomes.com or reach out to me at (928) 606-6749. I look forward to hearing from you.