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School Reports in River Falls, Wisconsin

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Disclosure Laws >Potential Problems

Every house has some "quirks", and some have material defects that may affect the sales agreement or the asking price. Placing a less-than-perfect house on the market is fine as long as you and your real estate agent give the buyers information on any "hidden defects".

Most litigation in real estate transactions involves the buyer suing the seller for failure to disclose a problem. Whether it is a leaky roof, dry rot, plumbing or heating problems, or a wet basement, most courts do not apply the "let the buyer beware" rule to real estate transactions. Even if the buyers had a structural inspection and you sold the property "as is," you may be held responsible for undisclosed defects.

Sellers have an obligation to disclose both obvious and hidden defects. Courts have not been sympathetic to sellers who have lived in a house and are in a position to know what works and what doesn't, but do not fully reveal the facts. This is one area where honesty is the only policy. Ask your agent for help if you are unclear about any aspects of the disclosure form.

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Q	Which nation, fueled by an oil and manufacturing boom, claims the world's longest building?
A	The "Linear City" of Malasia is currently the longest.
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Randy Cudd, REALTOR®, real estate agents and broker for River Falls Wisconsin home listings, property and land for sale - NUMBER1EXPERT(tm)

Randy Cudd
Keller Williams Integrity Real Estate
Serving Western Wisconsin and Eastern Minnesota
Hudson WI 54016
Office: 715-425-9102
MN Cell: 651-503-2729
WI Cell: 715-441-4260
Aaron's Cell: 715-441-9466
Sara's Cell: 651-208-5770
RandyCudd@NUMBER1EXPERT.com
Randy's Email: randy@randycudd.com
Aaron Cudd: aaron@randycudd.com
Sara Curti: sara@randycudd.com
Vonnie Cudd: vonnie@randycudd.com
Our goal is to treat you, the client, like family and make your Real Estate experience a great one! We want to be your one and only agent as well as building a lasting friendship with your family along with ours. Call or email us anytime with any questions or if you would like to set up a private showing to see any property on the market.

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