What Should You Disclose When Selling a Home in Arizona?
This is what you have to disclose about your home when selling it.
When it comes to disclosing information about your Arizona property as a home seller, the general rule of thumb is that it’s better to disclose everything than to hide anything. You don’t want to end up in a lawsuit in a real estate transaction.
When you’re working with a Realtor, the two main disclosure documents are the seller property disclosure statement and the claims history report. This goes through the entire home, asks you questions about your home, and gives you guidelines on what you need to disclose. Anything that could possibly affect the sale price of the property has to be disclosed to the buyer within a three to five day period.
Your Realtor can help by sending that over to you and helping you fill it out. We can help walk you through it so you're staying within guidelines and have a legal document showing that you disclosed information to the best of your ability.
"Anything that could possibly affect the sale price of the property has to be disclosed."
If you have any questions about disclosures or anything else related to real estate, don’t hesitate to reach out via phone or email. I look forward to hearing from you soon.