Seller Disclosures and the Offer - Utah Home Loans

By: Robert A. Hulme - Realtor - Loan Officer -Utah County, Including Provo, Orem, Pleasant Grove, American Fork, Lehi, Highland, Alpine and Cedar Hills, Eagle Mountain, Payson, Saratoga Springs, Spanish Fork, Springville, Mortgage Xpress, Agent

When touring prospective properties to purchase, we are very careful to look at the walls and the ceiling, turn on faucets, and play with light switches, but how thorough should we be? The seller has years of knowledge about his or her home and there may be things you want to find out about as quickly as possible. For this reason, you should require certain disclosures as part of the offer.

You want the seller to disclose any adverse conditions that may have a substantial impact on your decision to purchase the home. This must include any problems with the house, whether the property is in a flood zone, a noise zone, or any king of hazardous area.

When you have a Realtor representing you, this is almost automatic, but many states do not require individuals selling their own home to provide you with this information. Often they do not require banks selling foreclosed property to provide these disclosures. Obtaining these types of disclosures should always be part of the offer.

Search Utah MLS