Selling a Home - Disclosures

1Dreamer
Wed, 31 Jan 2018 19:51:49 +0000

Disclosure requirements vary by state. Your RE agent will know what they are in your state, but any buyer normally has a home inspection done to look for problems. They might see that repairs have been done, as they’re trained at that sort of thing, so personally, I wouldn’t try to hide it.

I had a leak from an upstairs tub that stained my kitchen ceiling. They cut a hole in the ceiling to repair it and did a great job patching the ceiling. When I sold the house, the couple that bought it came by and knocked on a Sunday without an agent, and of course my agent wasn’t there either. I let them in, showed them around, told them about the repair, and and pointed out where it was done. They loved the house and I really liked them, so I told them the minimum I’d take, which wasn’t much below asking.

Within an hour of leaving, my agent received an offer from their agent for $5K more than my stated minimum. They said it was because they trusted me and felt good about the house after pointing out a repair they would never have noticed. I also disclosed it to the home inspector when he came. All repairs were done professionally with no mold, so I saw no harm in disclosing it. Not disclosing something someone else might notice makes you look like you are hiding something IMO, which may make them wonder if you’re hiding anything else.