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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 island in the St. Lawrence River was given away on a television game show in 1964?

A 
Price is Right Island was given away by Bill Cullen on "The Price is Right."
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The Jason Matt Team, REALTOR®, real estate agent and broker for Canton, Plymouth and Northville, Michigan home listings, property and land for sale - NUMBER1EXPERT™

The Jason Matt Team
Coldwell Banker Weir Manuel

177 N. Main
Plymouth, MI 48170
Jason's Direct: 248-756-0009
Fax: 800-679-1933
Jason's Email: sold@jasonmatt.com

Jason is a licensed Realtor who has over ten years experience in the area of client relations. Currently a Realtor with Coldwell Banker, Jason’s primary area of expertise is working with sellers and buyers along with their families to meet and exceed their various real estate needs. He is familiar with the Southeastern Michigan counties of Wayne, Oakland, and Macomb. In addition to his real estate license, Jason has two years of study in finance with the University of Michigan and holds a Bachelor’s Degree from the University of Phoenix in Business. Prior to entering the real estate industry Jason worked as a Project Manager within the automotive and telecommunications industries. Jason and his wife, Jaime, reside in the city of Canton with their 2 sons, Landen & Beckham.

ABR REALTOR


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