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Seller's Disclosure
Sellers of most residential real estate in Pennsylvania are required by law to provide potential buyers with a written statement, describing material defects in the property, before entering into an Agreement of Sale. The law defines a material defect as "a problem with the property...that would have significant adverse impact on the value of the [property] or that involves an unreasonable risk to people..."
The Seller's Property Disclosure Statement is a state-mandated question/answer form, covering many aspects of the property. It is intended to assist the seller in complying with the legal disclosure requirements and to assist the buyer in evaluating the property. However, it is not exclusive - the seller is obligated to disclose all known material defects, even if they are not covered by the form.
And, while the seller is required to provide accurate and complete information to the best of the seller' knowledge and belief, the Statement is not a warranty. It is not intended to be a substitute for the buyer's own inspection of the property.
Sellers of most residential real estate in Pennsylvania are required by law to provide potential buyers with a written statement, describing material defects in the property, before entering into an Agreement of Sale. The law defines a material defect as "a problem with the property...that would have significant adverse impact on the value of the [property] or that involves an unreasonable risk to people..."
The Seller's Property Disclosure Statement is a state-mandated question/answer form, covering many aspects of the property. It is intended to assist the seller in complying with the legal disclosure requirements and to assist the buyer in evaluating the property. However, it is not exclusive - the seller is obligated to disclose all known material defects, even if they are not covered by the form.
And, while the seller is required to provide accurate and complete information to the best of the seller' knowledge and belief, the Statement is not a warranty. It is not intended to be a substitute for the buyer's own inspection of the property.
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Finding a Good Agent
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Preparing To Sell Your Home
Getting Prepared To Sell Your Home
What's Your Style?
Selling Your Home In The Winter
Showing Checklist
Relocating Tips
Pricing Your Home
The Challenges of Pricing Your Home
How To Pricel
Listing Your Property
What Happens When Your Home Is Listed?
Purchase Offers
Understanding Offers
Evaluating An Offer
Closing The Deal
Managing The Details
Seller Disclosures 101
Who Pays For What?
Finding a Good Agent
Benefits of a Seller's Agent
Preparing To Sell Your Home
Getting Prepared To Sell Your Home
What's Your Style?
Selling Your Home In The Winter
Showing Checklist
Relocating Tips
Pricing Your Home
The Challenges of Pricing Your Home
How To Pricel
Listing Your Property
What Happens When Your Home Is Listed?
Purchase Offers
Understanding Offers
Evaluating An Offer
Closing The Deal
Managing The Details
Seller Disclosures 101
Who Pays For What?
Where Buyers and Sellers Meet!
Pro Realty Inc. (814) 825-7761
Fax: (814) 825-1798
Email: pro@prorealty.com
Pro Realty Inc. (814) 825-7761
Fax: (814) 825-1798
Email: pro@prorealty.com