Property disclosure requirements vary from state to state, and I thought I would visit on the North Carolina Real Estate Commission’s NC Residential Property Disclosure Statement.
The requirements and responsibilities are fairly simple:
1. Sellers, don’t fib.
2. Buyers, do your due diligence. Investigate and confirm the Seller’s disclosure, as well as other issues.
New construction home sellers, foreclosure home sellers, lease/option home sellers, and a few other excepted transaction sellers are not required to use the disclosure form.
The NC Residential Property Disclosure Statement in 60 Seconds.
Well, YouTube Video Editor is broken, and 60 Seconds just became 68 Seconds in Real Estate…. Whoops…
Affordable housing demand coupled with a growing desire for larger lots, mature landscaping and tall trees are factors that are driving an increase in requests for homes in older Cary and Raleigh neighborhoods. Continue reading ‘Underground fuel oil tanks, “UST” Alert!’ »
