Selling a Home - Disclosures

Jugulator20
Wed, 31 Jan 2018 20:11:13 +0000

We had exact same problem years ago. Solid oak floors were damaged… If you filed an insurance claim, it probably would show up in a CLUE report

Agreeing that disclosures vary from state to state, but I get concerned about language like if you seller knows of “any” leaks, water damage, etc. When I’ve been the seller the word “any” scares the ____ out of me. When I see that word and believing the issue has been properly resolved (eg paperwork, licensed contractor, etc), my feeling is to disclose. As a buyer it’s probably the single biggest asset they’ll ever own, nobody likes surprises down the road. I’ve told them, if they’re concerned, let them do their due diligence about issue.