When you buy a home, you can rest easy knowing that if a seller knows about a problem, he or she has to disclose it to you. But most minor problems sometimes don’t count – so what do sellers have to disclose?
What Do Sellers Have to Disclose?
Sellers have to disclose things like:
- Water damage and mold
- Lead paint
- Repairs and insurance claims
- Hazardous conditions
- Termite damage
- Problems with essential components
Water Damage and Mold
Water damage is a serious issue (and leads to mold growth), and sellers have to disclose it. If it’s been addressed, the seller should provide you with receipts or insurance claim info to prove it. If it hasn’t been addressed, you need to talk with your real estate agent about how badly you want the home. Mold can be toxic to people and pets… and water damage can be extensive and cost a lot of money to fix.
There’s a federal law that requires sellers to disclose lead-based paint in a home if the home was built before 1978. Lead paint wasn’t supposed to be used after 1978 – it was banned for use in housing that year.
Repairs and Insurance Claims
If the homeowner knows of repairs or insurance claims, he or she should let you know – but it may not be required. You can talk to your Realtor® if this is something you’re concerned about.
When there’s something dangerous in the home or on the property, the seller should tell you – but they’re only legally required to disclose past or present sinkholes, asbestos, Chinese drywall and a few other things.
Sellers are required to let you know if there have been infestations or damage done by termites or carpenter ants. If they’ve addressed the issue, they should provide you with proof – and if they won’t, you might want to re-think your choice in homes.
Problems With Essential Components of the Home
Essential components of the home – the roof, plumbing, electrical system, HVAC system or major appliances – are all part of the house, and if there’s something wrong with any of them, the sellers are supposed to disclose that information to you.
Are You Buying a Home Along 30A?
If you’re thinking about buying a home for sale on 30A, we can help you. Call us at 850-213-3048 to tell us what you’re looking for – we can help you find it.
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