Real Estate Offers for Orange Park, Fleming Island and Jacksonville, Florida Provided by Mark Cole and the Cole Team

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School Reports in Orange Park, Fleming Island and Jacksonville, Florida

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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	What 45,000 sq.ft. home on 5-acres on Lake Washington is described as an 'adventurous house' by its owner?
A	The home of Microsoft's Bill Gates ($40+ million) has a wall of 24 video monitors featuring art and film and a 60-foot pool.
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Mark Cole and the Cole Team, REALTOR®, real estate agents and broker for Orange Park, Fleming Island and Jacksonville, Florida home listings, property and land for sale - NUMBER1EXPERT(tm)

Mark Cole and the Cole Team
Realty World Executive Group
3521 U.S. Hwy 17 Suite B
Fleming Island, FL 32003
904-707-2287
Fax: 904-215-1214
markcole1@NUMBER1EXPERT.com
Integrity, skill, care and diligence is what sets us apart from the crowd. Buying or selling a home is more than a sign, magazine ad or an internet posting. It takes knowledge and hard work to fulfill our customers needs. My success is that I personally care for every need of my customers. I am not happy until you, my customer are happy. My team works as hard as I do because I demand it. I will always make your needs my needs. Call today for a free consultation of you and your families home needs. Discover why "The Right Agent Makes All The Difference In The World"

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