What is the most important documents that a buyer closely scrutinizes?

Dated: 11/30/2018

Views: 16

The seller’s disclosure is ONE of the most important documents that a buyer closely scrutinizes prior to going under contract.

If there are any blank questions or ambiguities, you are likely going to be asked for further clarification and it could delay or prevent a buyer from moving forward.



1. Be Accurate - If you had a four point inspection for insurance purposes at the time of purchase, that could tell you the age and type of key components such as the roof, plumbing and electrical. Use this to help determine the present age when you are completing the disclosure.

2. Be Honest - Answer every question to the best of your knowledge. If there was something that happened such as a roof leak or water damage for example, provide as much information as possible. Buyers want to know when the issue occurred, the nature of the damage and what was done to repair or address the issue. If an insurance claim was filed, be sure to note that and what the outcome was as far as coverage. The claim could very well turn up when the new buyer works on obtaining insurance – better for the buyer to learn about it from the disclosure first. (Attach any relevant paperwork as well such as receipts or invoices.) 

Buyers need assurance that all adds up. Surprise is never a good thing in real estate. In short, be thorough and provide information to the buyer that will give them confidence in their decision. Contrary to popular belief, buyers are not frustrated with too much disclosure, but rather not enough.


Blog author image

Kenneth Manesse

Helping you experience something new in Las Vegas that's guaranteed. Real Estate with less stress!....

Latest Blog Posts

Ready to Buy a New Constructed Home? Watch This First!

If you are interested in buying a new construction, the builder's agent will be ready to help you with the process. But make no mistake: You need your own real estate agent from the day one. Even if

Read More

Questions to ask before you start your new home search!

If you’re in the market for a new home, and considering new construction, make note of the questions below when you begin your property search. Buying a new home is exciting. Buying a brand

Read More

Foster children need powerful voices to speak for them.

Nearly 3,500 abused and neglected children live in foster care in Clark County, Nevada because they cannot live safely at home. These children need powerful voices to speak for them. The mission of

Read More

Do roof tiles keep the water out of the structure?

What most people fail to understand is that concrete tiles do very little (if anything) to keep moisture out of the home. In fact they're not water tight at all. The primary purpose of concrete

Read More