What to Disclose in the Beach Haven West Real Estate Market After Hurricane Sandy
Beach Haven West Real Estate
Hurricane Sandy, which made landfall in Beach Haven West at the end of October 2012, caused widespread damage to the area. Many homes sustained flooding that required significant remediation. The good news is, the Beach Haven West real estate market has shown tremendous improvement and buyer activity has increased. With an increase in home sale activity, sellers should be aware of what they need to disclose after Hurricane Sandy. Beach Haven West property disclosure after Hurricane Sandy is an essential element that not only aids in the but also with legal trouble down the road.
By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
www.beachhavenwestrealestate.com | www.BuyLBI.com
Click here to search all homes for sale in Beach Haven West
Beach Haven West Property Disclosure After Hurricane Sandy
The question of what should be disclosed after Hurricane Sandy is rather simple. In short, any known condition must be revealed to a potential buyer. In the case of a home that was damaged and not repaired, this can be challenging. These homes are typically sold strictly as is, with no representations made to the condition or safety of the structure. For most buyers, these homes will be purchased strictly as a tear down and a condition of the structure will be irrelevant. What is far more important when understanding Beach Haven West property disclosure after Hurricane Sandy, relates to homes that were damaged and repaired. While every situation is different, in short a seller should disclose:
- The amount of water that entered the home
- A full list of all repairs made to the home
- A copy of the contractors information and all permits relating to the construction
Disclosing the known conditions of a home can help to protect the seller from potential lawsuits. It is in a seller’s best interest to be upfront and honest with any condition they are aware of, as it will often times create a smoother transaction and achieve the ultimate goal of getting a home sold.
Selling in the Beach Haven West Real Estate Market
Selling a home in the Beach Haven West real estate market requires a careful understanding of local real estate trends and buyer’s concerns. Many buyers are worried about the cost of flood insurance, and being able to understand and explain the rates and how they relate to a property can go a long way in getting a home sold. It is important to market a property in the best fashion possible and stave off the buyer’s concern before they even entered the home. For more information about Beach Haven West property disclosure after Hurricane Sandy or the Beach Haven West real estate market in general, contact us and we will respond right away.
By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
www.beachhavenwestrealestate.com | www.BuyLBI.com
Click here to search all homes for sale in Beach Haven West