I sent out a letter asking for blog ideas. I wanted to know what Louisville home owners and buyers are searching for! One of the emails I received was from a friend that had a bad experience with seller’s disclosure. Here’s the story…
“Last year we moved into a new house and shortly after we moved in the shower starting leaking into kitchen below. When the contractor was doing repairs they found evidence of previous repairs. It was not included in the property disclosure report and we actually ended up in small claims court with the previous owner. (It was an interesting experience – took a lot of paperwork and I felt like I was on Jugde Judy!) Ultimately we ended up winning case.
Lesson would be – the property disclosure report is your opportunity to disclose what you know about the property and help protect yourself from future liabilities.”
As I wrote about previously, the seller’s disclosure is important!! Let the new owner of your home know what has happened. It may or may not change the asking price for your Louisville home. But what you know for sure…it fully informs the buyers that will be taking possession of your home.
Your Louisville REALTOR,
Mitch Thomas
Keller Williams Louisville
502.345.5754
mitch@kw.com
SellLouisvilleHomes.com
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