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  • Why Sellers Choose Betty Yong, Real Estate Sales Representative - Why home sellers in Richmond Hill, Toronto and Scarborough choose Betty Yong, Real Estate Sales Representative.

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Real Estate Tips
Disclosure Laws >What Sellers Might Disclose

Most states require a home seller to provide the buyer with some type of disclosure form. What might the seller have to disclose?

A Residential Property Disclosure Form requires the home seller to disclose facts about the home's heating, wiring or plumbing systems, including any defects that may exist, such as leaks in the roof or cracks in the foundation. If something in your home is not working properly or needs repair, you will need to either fix it or disclose the material defect to the prospective buyer. There are other disclosure forms, unique to each local area, that require sellers to disclose negative environmental factors or local building code issues. A lead-based paint disclosure form is required for homes built prior to 1978.

State legislatures and courts all over the country have passed laws regarding concealing defects from an agent or buyer. Ask your real estate agent about your obligations as a seller regarding disclosure.

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Real Estate Trivia
Q 
Where will you find the world's largest indoor waterfall?

A 
The lobby of the International Center in Detroit, Michigan has a waterfall of 114 feet, backed by 9,000 square feet of marble.
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Betty Yong, Real Estate Sales Representative, REALTOR®, real estate agent and broker for Richmond Hill, Toronto and Scarborough, Ontario home listings, property and land for sale - NUMBER1EXPERT(tm)

Betty Yong, BSc, Real Estate Sales Representative
Homelife Victory Realty Inc.

10720 Yonge Street, Suite 226
Richmond Hill, ON L4C 3C9
Office Tel:: 905-737-0033
Cell: : 416-918-3434
Fax:: 905-737-3132
bettyyong@NUMBER1EXPERT.com

Want to make your search for properties easier? Hire me for free (no obligation, no fees). I will send you new listings on the market to your given email address. I work both residential and commercial properties. Let me help you today!

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