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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Sheila Carlisle
Southern Classic Realtors
215 E Church St Suite C
Monroe, GA 30655
Cell: 678-438-8834
Fax: 678-298-8520
Sheila Carlisle: Sheila@NUMBER1EXPERT.com
Mark Carlisle: mainmount@aol.com

I have been a Realtor since 1994 and my husband has been a Realtor and real estate appraiser since 2002. We have lived in the local area since 1998 and know the local real estate market extremely well. From buying to selling we can meet all your real estate needs.

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