Home
inspections, seller disclosure requirements and the agent's experience
will help.
Here is a summary of the things you could expect to see in a disclosure
form:
Safety
features such as burglar and fire alarms, smoke detectors, sprinklers,
security gate, window screens and intercom.
The presence of a TV antenna or satellite dish, rain gutters, sump
pump.
Type of heating, condition of electrical wiring, gas supply and
presence of any external power source, such as solar panels.
The type of water heater, water supply, sewer system also should
be disclosed.
Sellers also are required to indicate any significant defects or
malfunctions existing in the home's major systems.
The
form also asks sellers to note the presence of environmental hazards,
walls or fences shared with adjoining landowners, any encroachments
or easements, room additions or repairs made without the necessary
permits or not in compliance with building codes, zoning violations,
citations against the property and lawsuits against the seller affecting
the property.
Also
look for, or ask about, flooding or drainage problems.
People
buying a condominium must be told about covenants, codes and restrictions
or other deed restrictions.
It's
important to note that the simple idea of disclosing defects has
broadened significantly in recent years. Many jurisdictions have
their own mandated disclosure forms as do many brokers and agents.
Also, the home inspection and home warranty industries have grown
significantly to accommodate increased demand from cautious buyers.
Be sure to ask questions about anything that remains unclear or
does not seem to be properly addressed by the forms provided to
you.