Real Estate around Seattle
Seller Disclosure: Buyer Beware
Seller Disclosure: 47 States require some sort of disclosure by the sellers of residential real estate and Washington is one of them. The disclosure, also known as Form 17, may well be the most complicated and controversial document in a residential real estate transaction.
Gerhard talks about his name, on growing up with the web, and what it takes to build trust in real estate. Don’t miss this video!
- Too much information crammed into five pages
- The missing fourth choice (no longer missing!)
- Too many variables of circumstance
- Agents can’t help but are asked to enforce
- Court rulings put burden on buyers
Too much information crammed into five pages
The Washington Seller Disclosure Statement may explain why filling out certain forms has the appeal of a colonoscopy. Tiny type, too much in all caps, numerous asterisks, indentations, a plethora of boxes and a total of 99 questions are downright intimidating. The form is provided as a courtesy of the Northwest Multiple Listing Service that takes its content from the Revised Code of Washington. [Read more…] about Seller Disclosure: Buyer Beware