Crestview, Eglin AFB, and Duke Field real estate and homes for sale in Florida - Kathy Wilhelm, REALTOR® REALTOR® Logo - NUMBER1EXPERT NUMBER1EXPERT™ Logo
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  • Welcome - Get the best real estate listings & homes for sale, expert advice, local info, and much more from a Crestview, Eglin AFB, and Duke Field, Florida NUMBER1EXPERT(S) Top Selling real estate agent(s). Contact Kathy Wilhelm today!

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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 
Where was the great land boom (1919) in which investors paid up to $25,000 for lots not yet dredged up from the ocean?

A 
The great Florida land boom brought hundreds of investors to the state after Carl Fisher founded Miami Beach in 1919.
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Kathy Wilhelm, REALTOR®, real estate agent and broker for Crestview, Eglin AFB, and Duke Field, Florida home listings, property and land for sale - NUMBER1EXPERT

Kathy Wilhelm
American Realty of Northwest Florida, Inc.

938 South Ferdon Boulevard
Crestview, FL 32536
Cell Direct: 850-902-1280
Office Direct: 850-423-5006
Fax: 850-682-9439
kathy@kathysells.com

Kathy Sells Crestview! Selling Crestview and surrounding areas since 1977.


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