{"id":11346,"date":"2023-07-26T18:23:38","date_gmt":"2023-07-26T18:23:38","guid":{"rendered":"https:\/\/nancyvalentine.com\/?p=11346"},"modified":"2023-07-27T21:03:54","modified_gmt":"2023-07-27T21:03:54","slug":"disclosure-is-your-friend-in-real-estate","status":"publish","type":"post","link":"https:\/\/nancyvalentine.com\/disclosure-is-your-friend-in-real-estate\/","title":{"rendered":"Disclosure is your friend in real estate"},"content":{"rendered":"<p><span style=\"font-family: lora, georgia, times new roman, serif;\">Disclosure is a big issue in California. In the above of the sale after just 6 months, the Seller was obligated\u00a0to give ALL the reports that he had received from the prior owner\u00a0when he purchased the home PLUS all the reports and inspections that he\u00a0performed as a buyer PLUS all the repair reports, estimates and receipts for work he had done. WHEW that was a lot of information for\u00a0the buyer to review.\u00a0\u00a0But it was extremely helpful. The disclosure packet was a big\u00a0factor for the buyer to further investigate\u00a0items that would have otherwise been hidden and unknown.<\/span><\/p>\n<p>Now if this had been a sale with a Successor Trustee or Executor as the seller, the scenario would have been very different.\u00a0\u00a0In that case, the Seller, if he\/she had never lived in the home would be exempt from providing\u00a0the statutory disclosures. UNLESS they have direct knowledge of the condition or\u00a0could REASONABLY obtain that information as part of their duties.<\/p>\n<p>Now in the case of the Oceanside listing outlined below, there had been a property manager handling the property for ten years. There was no direct knowledge by the Executor but it was reasonable to obtain information from the property manage. So we asked for a summary of the any major repairs or upgrades that had been done on the home. What we received was a voluminous Excel spreadsheet, which included every door knob and dripping faucet that had ever been reported. So what did we do? It was ALL shared with any buyers who made offers so that they could know the information prior to making their final and best offer.<\/p>\n<p>Disclosure is your friend as a SELLER!<\/p>\n<p>The result was a <strong>selling price of\u00a0$ 116,000 over the asking price<\/strong> in what was considered a &#8220;slow&#8221; market. Really? Not in my world.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Disclosure is a big issue in California. In the above of the sale after just 6 months, the Seller was obligated\u00a0to give ALL the reports that he had received from the prior owner\u00a0when he purchased the home PLUS all the reports and inspections that he\u00a0performed as a buyer PLUS all the repair reports, estimates and [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":11342,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Disclosure is your friend in real estate - NANCY VALENTINE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nancyvalentine.com\/disclosure-is-your-friend-in-real-estate\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Disclosure is your friend in real estate - NANCY VALENTINE\" \/>\n<meta property=\"og:description\" content=\"Disclosure is a big issue in California. In the above of the sale after just 6 months, the Seller was obligated\u00a0to give ALL the reports that he had received from the prior owner\u00a0when he purchased the home PLUS all the reports and inspections that he\u00a0performed as a buyer PLUS all the repair reports, estimates and [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/nancyvalentine.com\/disclosure-is-your-friend-in-real-estate\/\" \/>\n<meta property=\"og:site_name\" content=\"NANCY VALENTINE\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Nancy-Valentine-Deasy-Penner-Podley-269324709814044\/\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/Nancy-Valentine-Deasy-Penner-Podley-269324709814044\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-26T18:23:38+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-27T21:03:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/nancyvalentine.com\/wp-content\/uploads\/2023\/07\/3648b061-32ad-b30a-8deb-acbdf419ca51.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1460\" \/>\n\t<meta property=\"og:image:height\" content=\"821\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Nancy Valentine\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Nancy Valentine\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/nancyvalentine.com\/disclosure-is-your-friend-in-real-estate\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/nancyvalentine.com\/disclosure-is-your-friend-in-real-estate\/\"},\"author\":{\"name\":\"Nancy Valentine\",\"@id\":\"https:\/\/nancyvalentine.com\/#\/schema\/person\/4ad9ec891a934035c8f6a1b48760ad19\"},\"headline\":\"Disclosure is your friend in real estate\",\"datePublished\":\"2023-07-26T18:23:38+00:00\",\"dateModified\":\"2023-07-27T21:03:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/nancyvalentine.com\/disclosure-is-your-friend-in-real-estate\/\"},\"wordCount\":315,\"publisher\":{\"@id\":\"https:\/\/nancyvalentine.com\/#\/schema\/person\/4ad9ec891a934035c8f6a1b48760ad19\"},\"image\":{\"@id\":\"https:\/\/nancyvalentine.com\/disclosure-is-your-friend-in-real-estate\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/nancyvalentine.com\/wp-content\/uploads\/2023\/07\/3648b061-32ad-b30a-8deb-acbdf419ca51.jpg\",\"articleSection\":[\"Blog\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/nancyvalentine.com\/disclosure-is-your-friend-in-real-estate\/\",\"url\":\"https:\/\/nancyvalentine.com\/disclosure-is-your-friend-in-real-estate\/\",\"name\":\"Disclosure is your friend in real estate - 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This includes sales experience in residential, land and investment properties. Due to her vast experience and expertise in the handling of complicated real estate transaction, she as the chosen as the Official Real Estate Sponsor of the Pasadena Bar Association for 5 years. Nancy approaches each home sale as a new work that will be given a glorious Premiere! The staging, set design, and presentation all result in her listings being the \u201cbuzz\u201d all over town. Nancy harnesses the power of the Internet to give her listings a competitive edge. She sees the Web as the most valuable way to respond to the constantly changing real estate climate. Nancy has the experience, knowledge and flexibility to harness the power of the Web in real estate transactions to get her sellers\u2019 properties the best exposure, worldwide. Like most people in this field, Nancy had another career before entering real estate. 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