A complete disclosure is the most important thing a seller can do to protect themselves from being sued in the future. The rule I go by for the disclosure is if you must think about whether an issue is important enough to disclose, then you should disclose it. The rule our attorney gives us is … Read more
Sellers should have the buyer to select the termite inspector. This is for the seller’s protection. If the seller selects the inspector and there is a mistake now it is the seller’s problem. If the buyer chooses the inspector and there is something missed it is the buyer’s issue. Normally the inspection is done 15 days … Read more
The “As Is” Conditional Addendum sounds intimidating, but if you look at it closer, it does not mean much. It does not change any of your rights during the inspection. You can still cancel, ask for credit, or ask for repairs. It does not change the seller’s responsibility to disclose everything on their disclosure statement. … Read more
We feel one of the most important things we can do for a buyer or seller is to help them close. Along these lines we do not sweat the small stuff on Purchase Contracts. I see some agents change 3 days to 5 days, 12 days to 10 days, and they keep making the tiny … Read more
If you are lucky enough to get a counter offer in a multiple offer situation, you really want to accept it unless there is something major that you can’t live with. You have to keep in mind a counter offer can be withdrawn at anytime. It might have a response required within 24 to 48 … Read more
This is the buyer’s opportunity to inspect everything about the property. We recommend using a professional home inspector. Sometimes additional inspections are needed by plumbers, electricians, roofers, etc. At any time during this period and for any reason the buyer has the right to cancel and get all their deposits back. After the inspections are … Read more