Any tips on filling out the Seller disclosure statement?
There are 4 things I want you to remember as you fill out the seller disclosure questionnaire.
- Read every question. This might seem obvious but there are some questions that yes is an appropriate answer…like the first question. Do you have legal authority to sell this property?
- Answer every question. I can only imagine there will be questions that don’t apply to you. In those cases, please use N/A.
- Stay away from Don’t know as an answer. If you don’t think the problem exists, then the answer is no (to the best of your current knowledge).
- Explain any yes answers if the question is stared. If the roof leaked in the last 5 years, then mark yes to the question and then, in the white space next to the question, write a sentence or 2 (not a book!) explaining what happened. You might write, “In 2018, had a small roof leak above master bedroom. Had professional patch missing shingles. No problem since.”