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Mountain Country Mortgage Sedona Arizona Branch 40 Soldiers Pass Road, Suite 15Sedona, Arizona 86336 Office (928) 204-5527 Fax (928) 282-5361
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Real Estate Tips
Disclosure Laws >Read the Fine Print

Many states require the seller of a home to fill out a real estate disclosure statement when transferring the title. The disclosure is designed to reveal any material defects in the home to the new owner. When buying a home, take the time to read the fine print of the disclosure form.

Look for a section that asks the seller to indicate the material defects that exist in the home's major systems. Most forms will specify interior and exterior walls, ceilings, roof, insulation, windows, fences, driveway, sidewalks, floors, doors, foundation, and the electrical and plumbing systems. As the buyer you will want to know of defects in any of these areas.

Sellers are required to note the presence of environmental hazards or zoning violations. They must disclose if there are any encroachments or easements, or walls or fences shared with adjoining landowners. Room additions or repairs made without the necessary permits or not in compliance with building codes must be noted. Sellers must disclose citations or lawsuits against the property. If any such conditions appear on the disclosure form, consult with your real estate agent immediately regarding how to proceed with negotiation.

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Real Estate Trivia
Q 
What two streets near the Los Angeles Beverly Center were named for a famous husband and wife comedy team?

A 
George Burns Drive and Gracie Allen Way
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Luminous Realty Team, REALTOR®, real estate agent and broker for Sedona, Cornville and CottonWood, Arizona home listings, property and land for sale - NUMBER1EXPERT(tm)

Luminous 1
Luminous Realty Team

80 Soldiers Pass Road
Sedona, AZ 86336
Phone: 928-274-2265
Email: luminous@luminousrealty.com

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