Selling Your Vancouver Home? Fill out the property condition report carefully.

Posted by Liliana Sorescu on Monday, September 30th, 2013 at 4:44pm.

When you're getting ready to sell your Vancouver home, you may be tempted to overlook a few things when filling out the property condition report.
I've heard many sellers say "If I disclose (fill in the blank) buyers might shy away." And that's a valid concern. Some buyers might shy away, but the alternative is far too risky.
If you fail to disclose and that issue comes up again later, those buyers could sue you for misrepresentation. Even if it doesn't come up later, if the neighbors know about it and tell the buyers, a legal hassle could ensue.
So disclose completely. When you do, your buyers will go into the transaction with their eyes wide open. They can never come back on you for an existing problem because they will have signed the document stating that they were informed prior to the purchase.
If you've owned the house for only a few years and you suspect that there were things not disclosed to you in your purchase, check the box that says, in effect, "I don't know." Then it will be up to the buyer's inspector to determine whether or not there's a potential problem.
Stay safe – stay out of court. Disclose.
When you're ready to sell that home, call me. I'll be happy to provide a market analysis to let you know your home's value in today's market. 

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