Atria Real Estate February 8, 2023
Real Estate
Today is the third instalment of our Buy Your Dream Home Series and we'll discuss disclosures.
If you are serious about a particular property, you can request a disclosure package from the listing agent. These disclosures are your opportunity to review general information regarding the property prior to writing an offer. 

Both the seller and listing agent are required to disclose all material facts they know about the property so you are aware of anything that might affect your decision to buy the home.
There are several types of general disclosures, all of which we've listed below:
These are questionnaires completed by the Seller about the property.

Provided by the Title Company, this report shows ownership of the parcel, as well as any liens and encumbrances thereon which will not be covered 
under a subsequent title insurance policy.

This report examines the overall functionality 
and condition of the home including appliances,
 mechanical, plumbing, and electrical systems.

This report examines structural damage due to
 wood boring beetles, termites, and dry rot.

It is required for both the listing and selling agents 
to complete a visual inspection of the property.

This report details how the property might be 
affected by natural hazards like an Earthquake,
 Wildfire, Tsunami or Flood based on its specific
 location.
If you have any further questions regarding disclosures and buying your dream home, please contact us today for a free consultation.
You’ve got questions and we can’t wait to answer them.