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The James Real Estate Group, REALTORŪ, real estate agents and broker for Columbia, Ellicott City and Howard County Maryland home listings, property and land for sale - NUMBER1EXPERT(tm)
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Real Estate Tips
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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Real Estate Trivia
Q 
Which house over 100 years old still holds the title as the largest house in the U.S.?

A 
The 250-room Biltmore House in Asheville, NC, built 1890-1895 at a cost of $4.4 million, is the largest house in the US.
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The James Real Estate Group, REALTORŪ, real estate agents and broker for Columbia, Ellicott City and Howard County Maryland home listings, property and land for sale - NUMBER1EXPERT(tm)

Steven and Maryruth James
James Real Estate Group

6920 Guilford Road, Suite 100
Clarksville, Maryland 21029
301-854-1100
410-740-3090
Toll Free: 888-707-7653
Fax: 301-854-1106
jamesgroup@NUMBER1EXPERT.com

Whether you're buying a new home or selling your current home, Steven and Maryruth James and their Group of Experts are ready to help you, with online services such as ALL active properties for sale in Maryland, Virtual Tours http://www.james-group.com , New Homes Guide, FREE Relocation Packages http://www.james-group.com , FREE Market Analysis, FREE Home Buying and Home Selling Reports, Mortgage Qualifying Information http://www.james-group.com , and much more! Call the Number #1 Experts in Howard County!

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James Real Estate Group real estate and homes for sale in Columbia, Ellicott City and Howard County Maryland
James Real Estate Group real estate and homes for sale in Columbia, Ellicott City and Howard County Maryland
James Real Estate Group real estate and homes for sale in Columbia, Ellicott City and Howard County Maryland
James Real Estate Group real estate and homes for sale in Columbia, Ellicott City and Howard County Maryland

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