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A Livonia home seller there are two documents that you will have to fill out and share with buyers. One is a Lead based paint disclosure if your home was built before 1978. Paint that was manufactured before 1976 had lead in it.
In Michigan you need to disclose if you have any reports about lead based paint in your house. Another document you will have to fill out is the Seller’s disclosure. This form is about the age of certain items, whether items are part of the sale, and whether they are working. They ask about basement and roof leaks.
Be honest and fill out the form correctly. Failing to disclose something could end up in a lawsuit. It is better to disclose an item than to be sued later. I hope these Livonia home seller tips help you understand some of the paper work that you will be filling out.
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Should you buy a Livonia short sale? I was asked if my first time home buyers should buy a Livonia short sale. The first major question I had for them is do they have patience and could they stand waiting for months without knowing anything. That is two of the major issues with a Livonia short sale. It could be up to six months before we get a bank approval. Do you really have the patience to wait that long for a short sale?
Be honest with yourself because I’m not lying to you. It does take that long sometimes. Any sooner is luck. After about 3 months you will be calling me every ten days. About 4 months most people are starting to call me and ask me if I have heard anything.
The problem is that the banks short sale department is short staffed. Sometimes these bank negotiators are handling 400 different homes. So your Livonia short sale is not that important in their world.There is no way to speed them up. Sometimes they do not respond by phone. Sometimes it takes days to get any type of response.
So you have to have patience and be willing not to know anything about your Livonia short sale sometimes for weeks and months.It just takes time before the bank makes a decision. Feel free to call me on my cell if you are thinking of short saleing your Livonia home. (313)310-9855
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Deer Creek Livonia Michigan Video/Slideshow
Welcome to our quick video/slideshow on Deer Creek Livonia Michigan. If you are looking for more information on this area please follow this link DEER CREEK LIVONIA MICHIGAN WEB-PAGE. Deer Creek is located in northern Livonia just west of Gill Rd inbetween 7 and 8 Mile Rd. If you or anyone you know is looking to buy or sell real estate in the area please feel free to contact us anytime at BobandTeena@Yahoo.com or call/text at 734-578-6561.
LIVONIA MICHIGAN HOME FOR SALE SEARCH
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