Monday, January 20, 2020

Long Beach Island Real Estate Seller’s Disclosure Information

Long Beach Island Real Estate Seller’s Disclosure Information




Long Beach Island Real Estate

When buying a home in the LBI real estate market, it is imperative that you thoroughly investigate the structure and any potential problem areas. There are no refunds in real estate, so a buyer has to make sure he or she is comfortable with the transaction before it closes. Seller’s disclosures are a good starting point, but they have some severe limitations. For example:
  • A seller’s disclosure is not required in the State of New Jersey
  • Some sellers are less than honest when filling these important documents out
  • seller may not know the answers to the questions and provide wrong information




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