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Why Sellers Have an Advantage in the State of Virginia

 

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If you’re a seller in the state of Virginia, you have the upper hand when it comes to selling your home. We are a “buyer beware” state, which means that buyers are responsible for doing inspections to find out issues in the home. Many other states require you to fill out extensive disclosures, but you don’t have to in Virginia.

There are some things you do need to disclose, however. One example is the presence of mold. Another is lead-based paint. If you know that either of these things is in your home, you must disclose it or suffer the legal penalties down the line. If your home has a high level of radon, that will need to be disclosed as well.

        "Sellers have an innate advantage in the Virginia market." 

You don’t have to disclose any repairs you’ve made. You just have to make sure that you’ve fixed them. It’s on the buyer to uncover any issues with those repairs.

If you have any other questions for us, don't hesitate to give us a call or send us an email. We look forward to hearing from you soon.


 

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