Sellers in Florida are obligated by law to disclose known problems or conditions that could affect the property’s market value. But what happens if problems are discovered after closing? Did the seller know? Should the seller have known?
Buyers should always ask for a real property disclosure as well as making their purchase contingent upon the results of a professional home inspection. This is good for buyer and seller alike as it can help head off a problem before it actually becomes one.
For more on this topic or general real estate info along Florida’s Emerald Coast, please email us at smith@realtor.com