If you buy a house and shortly after moving in you’re surprised to find a big crack in the foundation or the septic tank bubbling over, wouldn’t your first question be, “Did the seller know about this?” Seattle-area real estate appraiser Richard Hagar says it’s bad news all around if problems are not disclosed before the sale. Surprises like this not only mean headaches for the buyer but more times than not they lead to lawsuits for the seller and his real estate agent. So, what exactly should a seller disclose?
This article first appeared on KNKX. Read the complete article here.