Tips for Sellers: Defects or Problems with the Property

Properties have, or develop, defects. Problems occur over time. These may effect the property's value to the purchaser and must, by law, be disclosed in advance of the sale.

For example, defects include:

• Underground oil tank, which may need to be removed (if applicable)
  
  
• Cesspool/septic system will need to be inspected and certified before transfer
  

Ignoring these issues may delay or derail a sale. Addressing them as early in the process as possible is usually the best strategy.

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