Email us Call us

How Much To Disclose?

 
 
 
Dear Monica: We are getting ready to sell our house and wonder how much we have to disclose. We have a moisture issue from an unknown source. Should we have an expert inspect it or can we just disclose it and let the buyer deal with it? Jane D.
 
Dear Jane: You have a duty to disclose any issue that is material to the property and having a moisture problem is material. You are not obliged to have it inspected by an expert but a potential buyer will almost certainly want to understand the source and how much it will cost to fix it. Even if a buyer plans to do a major remodel to the property or build new, they will want to know if there is a drainage issue that will need to be eliminated to prevent trouble in the future. Buyers may be wary of a moisture problem without further information so it makes sense to have an expert assess the problem and disclose the solution and cost to buyers.
 
 
 

Work With Us

Every client relationship begins with asking the right questions. Understanding your current real estate situation, goals, and preferences is where we start. Let's meet for a conversation.

CONTACT US