For Sellers

Home sellers really only have a couple of goals. Sell their house. At the best price. The end.

But, how do you get from “honey, it’s time to move” to your next place? You do it by thinking like a buyer and that’s where we can help.

Today’s home buyers are searching online for homes. Check…we’ve got that. Today’s buyers want to see as many photos as possible of listings. Check…we’ve got that too. Today’s buyers want to be able to get information without being pestered, whether to their laptop, email or smart phone. Yep, we’ve got those covered as well.

When you are ready to sell your New Orleans West Bank home, ask us how we can put our buyer glasses on and position you for success.

Louisiana Property Disclosure 2015

real estate disclosures

Every couple of years, the disclosure forms that every seller has to provide to a buyer changes.

Effective February 1, 2015, a new seller property disclosure form came into play.

Who has to provide a disclosure?

Louisiana law states that anyone selling a residential (1-4 family) property must provide a disclosure to potential buyers, including For Sale by Owners. The disclosure must make known “…known defects regarding a property being transferred”. 

There are a few exemptions, including banks selling property they acquired via foreclosure, family members selling to each other and transfers of property due to the execution of a will or succession.

When should disclosures be provided?

As REALTORS®, we expect to be able to review a property disclosure with our buyers before making an offer.

The law states that if a disclosure is delivered after an offer is made, the buyer can terminate any contract or withdraw the offer for up to 72 hours after receipt of the property disclosure.

What a disclosure doesn’t do

  • A disclosure doesn’t take the place of a buyer performing their own due diligence and having the property inspected
  • A disclosure is not a warranty of condition
  • A disclosure is not a part of the contract to buy or sell between parties

 

FREE DOWNLOAD:  2015 Louisiana Property Disclosure form

 


Need help buying or selling your West Bank home? Call us at 504-327-5303. We’ll be happy to guide you through the process.

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