Information Every Vendor Should Know

      The Property Condition Disclosure Statement

Every Vendor, at the time of signing a Listing Agreement, will be asked to fill out a Property Condition Disclosure Statement. Although it is not mandatory to fill it out it is highly recommended, since the vast majority of Vendors do fill them out. You should answer the questions honestly. A potential Purchaser has the right to know the answers to the questions before deciding to buy. They will often make the Disclosure Statement a part of the Agreement of Purchase and Sale as well. In today's market, a Vendors unwillingness to provide a Disclosure Statement is often viewed with concern.

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Joe Anne has answers to a lot of your questions and more professional tips to make your real estate transaction more pleasurable. Call or e-mail Joe Anne or click on "Ask Your Own Questions." Joe Anne can send you information on any Property Listed Sold on the Multiple Listing Service in the Ottawa area. If you would like her to help you locate a home, please fill out her Information Request Form. Or perhaps you are considering selling your home in the near future, her can also offer you a Free No-Obligation Market Evaluation Form.