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AtHomeCharlotte                TakeMeOutToTheBallgame!                 GotAlottaCharlotte            MVP 
                                                                  Charlotte Real Estate Information                                         "It's A Whole New Ballgame"
Credit
For Sale
1st   
Disclosure
5th 
Broker
Internet
6th 
Market
Offer/DDP
7th 
Negotiations
Appraisal
8th 
Appraisal
Closing
9th 
Closing
Planning
2nd 
Loans
Clearing
3rd 
Planning
Appeal
4th 
Knowns
Buyer
 Innings
Seller
Buyer Credit.
Credit
For Sale
1st   
Disclosure
5th 
Broker
Internet
6th 
Market
Offer/DDP
7th 
Negotiations
Appraisal
8th 
Appraisal
Closing
9th 
Closing
Planning
2nd 
Loans
Clearing
3rd 
Planning
Appeal
4th 
Knowns
Buyer
 Innings
Seller
Credit
For Sale
1st   
Disclosure
5th 
Broker
Internet
6th 
Market
Offer/DDP
7th 
Negotiations
Appraisal
8th 
Appraisal
Closing
9th 
Closing
Planning
2nd 
Loans
Clearing
3rd 
Planning
Appeal
4th 
Knowns
Buyer
 Innings
Seller
1st   
5th 
6th 
7th 
8th 
9th 
2nd 
3rd 
4th 
Buyer
 Innings
Seller

Seller-Fifth Inning - Disclosure

Pitch 1 - Disclosure

Sellers disclosure is mandatory in North Carolina. The federal disclosure regarding lead paint is also mandatory. These are not perfect and have come a long way towards disclosing property defects. Inspections are important and in some cases required. Review these disclosures carefully and should you have questions, ask. You can even make your offer contingent on receiving satisfactory responses in a timely manner.

Pitch 2 - Lead-Based paint disclosure

Federally mandated. There is a form for the seller which addresses knowledge of lead based paint and a clause about the sellers ever having tests made. There is also a booklet which is required for an agent or a seller to give to the buyer outlining the risks and hazards of lead paint as well as how to treat it and what not to do.

Pitch 3 - Offer document

  In North Carolina jointly approved by NC Bar  
  Association and NC Association of REALTORS.
  Constantly being reworked and improved, this
  template is very thorough and addresses
  most of the concerns and processes for both
  buyer and seller. Good idea for both to read
  thoroughly and understand well in advance of use.


Click here for 6th Inning-Open House
Coach's Tips






Pinch Hitters


The Validator 
If you as the seller have provided no sellers disclosure you could invalidate the buyers offer.

The Booklet 
Lead-based paint disclosures are federally mandated and require buyers to receive booklet on hazards either from the participating agents or the seller ( FSBO)

The Forms 
As a favor to yourself, read a blank offer form and disclosure forms ahead of time as well as the many addendums which may come into play.
Angel Advocate 1
The buyers have your sellers disclosure, but they still have questions. Should I answer them?
Angel Answer:
Yes. Put them in writing.
Angel Advocate 2
We added on to our house, built a deck and remodeled a porch. Should we let the buyers know this and assure them we obtained the proper building permits?
 Angel  Answer:
Yes. It is easy enough to check. It is all computerized.
Angel Advocate 3
Can I ask for a pre-approval letter within 4-5 
days of acceptance and put “time is of the essence” on this part?
Angel Answer
Yes.
Learn More from your Angel Advocate
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