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Fun first time buying process.
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Disclosure Laws >Potential Problems

Every house has some "quirks", and some have material defects that may affect the sales agreement or the asking price. Placing a less-than-perfect house on the market is fine as long as you and your real estate agent give the buyers information on any "hidden defects".

Most litigation in real estate transactions involves the buyer suing the seller for failure to disclose a problem. Whether it is a leaky roof, dry rot, plumbing or heating problems, or a wet basement, most courts do not apply the "let the buyer beware" rule to real estate transactions. Even if the buyers had a structural inspection and you sold the property "as is," you may be held responsible for undisclosed defects.

Sellers have an obligation to disclose both obvious and hidden defects. Courts have not been sympathetic to sellers who have lived in a house and are in a position to know what works and what doesn't, but do not fully reveal the facts. This is one area where honesty is the only policy. Ask your agent for help if you are unclear about any aspects of the disclosure form.

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Q	Where are church services held in the water each Sunday during July and August?
A	At Half-Moon Bay, Ontario, worshippers gather in boats facing the natural stone pulpit, and hymnals are passed to the floating congregation by ushers in canoes.
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The DeLay Team, REALTOR®, real estate agents and broker for Branson, Table Rock Lake and Hollister, Missouri home listings, property and land for sale - NUMBER1EXPERT™

The DeLay Team
Realty Executives of Branson
500 West Main, #101A
Branson, MO. 65616
Phone: 417-334-7653
Fax: 417-334-0414
TOLL FREE: 800-531-4480
Email: DelisaDelay@NUMBER1EXPERT.com
We are the top sales team in the Branson residental market. We look forward to helping you find the perfect home or condo in any price range, in the areas of Stone or Taney Co, Missouri. We also specialize in land, lake property, residential, commercial, second home, or investments.

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