Seller Disclosures When Buying A Home

termites-damageAny time you buy a home there is the chance that a problem could arise shortly after you’ve purchased the house and moved in, but Pennsylvania Seller Disclosure Laws help protect you if the problem was apparent to the seller before he or she sold you the house. But what does a seller have to reveal to you before you sign on the dotted line?

Pennsylvania’s 68 Pennsylvania Statutes Section 7304 requires all sellers to provide potential buyers with a Seller’s Property Disclosure Statement. This document should including the following information:

 

  • Contents of the house (such as dishwashers and other appliances) and their condition, including whether they need to be repaired or replaced
  • The location and number of working smoke detectors
  • Whether there is a known problem with sewage lines, septic systems, etc.
  • Any additional costs the homeowner will incur on a regular basis, such as Home Owners’ Association (HOA) fees or any restrictions on the deed to the property, such as whether mineral rights are included with the sale of the property.
  • Specifics such as the type of sewer system used on the property
  • If the house was constructed prior to 1978, the seller will need to provide Title X disclaimer stating whether there is lead-based paint in the home and how it has been treated.

At Look At My Homes, we always strive to give you all the information you need to make the an informed decision about your next home purchase. If you have questions, ask us and we will give you the unvarnished truth. We want your home buying experience to be so good that you will recommend Look At My Homes to your friends and family!

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s