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Disclosure Laws >Full Disclosure

You are about to list your home. Since you have lived there for many years, you know that it is not perfect. For example, there might be a leak in the basement that is noticeable only after a heavy rain. Your garage door might stick, and the dishwasher may be prone to work stoppages.

Every home has a few quirks. When it is time to sell your home, you have a choice of either making the necessary repairs or letting the buyers know about the problems. Material defects must be fully disclosed.

Some buyers will order a structural inspection in order to learn exactly what they will be getting. Even if the buyers don't ask for an expert to look at the house, it is the seller's responsibility to disclose any known defects in the property. The seller's agent will provide the disclosure form, wherein the seller may itemize any problems. Sellers may avoid any real estate lawsuits over undisclosed defects by making repairs before the sale or agreeing to a price adjustment during the transaction if defects are discovered.

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Q	What is the world's oldest wooden structure?
A	The oldest wooden buildings are the Pagoda, Chumanar Gate and Temple of Horyu in Nara, Japan, dating from A.D. 670.
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The Fast Sinclair Home Selling Team, REALTORŽ, real estate agents and broker for Carmel, Fishers and Westfield Indiana home listings, property and land for sale - NUMBER1EXPERT(tm)

The Fast Sinclair Home Selling Team
Keller Williams Realty
14300 Clay Terrace Blvd, Suite 204
Carmel, IN 46032
Beverly direct: 317 846-FAST (3278)
Toll Free: 888-456-FAST (3278)
Cell: 317-213-FAST (3278)
Fax: 317 846-5959
RaeJean Cell: 317-710-7488
Email: Fast@IndyHouseFinder.com
I am co-owner of Keller Williams Realty, Indianapolis Metro North. I have my CRS and GRI designations, as well as being a graduate of the Real Estate Academy of Leadership. I was rookie of the year for Graves Real Estate in 1992 and then worked for Century 21 for 10 years. I was a 7-time centurion, achieving the "hall of fame" award and selling over $20 million my last year with them. Although I'm a native Texan, born in Dallas and raised in Ft. Worth, I met my Hoosier husband while I was the Director of Music at Reese Air Force base in Lubbock. As a singer and composer, I have enjoyed working with and for the public and have been inducted into the International "Who's Who" in music. I have taught music at both Texas University and Texas Tech., where I received a Masters and Ph.D. respectively. I bring these creative, people skills to my career in real estate.

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