{"id":6654,"date":"2023-01-21T10:46:02","date_gmt":"2023-01-21T15:46:02","guid":{"rendered":"https:\/\/dankrell.com\/blog\/?p=6654"},"modified":"2023-01-21T10:46:06","modified_gmt":"2023-01-21T15:46:06","slug":"whose-responsibility-is-it-anyway","status":"publish","type":"post","link":"https:\/\/dankrell.com\/blog\/2023\/01\/21\/whose-responsibility-is-it-anyway\/","title":{"rendered":"Whose Responsibility is it anyway?"},"content":{"rendered":"\n

When selling a home, the seller is obligated to provide a set of disclosures to the home buyer. The disclosures cover almost everything from home condition to local zoning compliance. Even common ownership community (condo\/HOA) disclosures are incorporated into the home sale contract. However, buyers always have questions. Some questions are easily answered because they are about the physical property.\u00a0 However, some questions require a call to the county\/city or the condo\/HOA association for an answer. When the buyer or their agent poses a question that requires a call to the locality or condo\/HOA association, whose responsibility is it to gather and provide those answers?<\/p>\n\n\n\n

\"whose
Homebuying goals<\/figcaption><\/figure><\/div>\n\n\n\n

This is not a new issue, and buyer agents usually make the\ncall themselves. But I recently received from a buyer agent asking about a\ncondo listing I had. The agent asked specific questions about the possibility\nof the property being used as a rental. She asked also asked about general condo\nrules for rentals in the community. I told the buyer agent to call the condo\nassociation and ask them directly. Taken aback expecting an answer from me, she\napologized saying she thought I was the listing agent. I confirmed that I was\nthe listing agent and directed her to seek the answers directly from the condo\nassociation, because they would be from the source.<\/p>\n\n\n\n

Some agents would have given her some information, whether\nit was accurate or not. To be honest, I did not know the answer, therefore I\ncouldn\u2019t provide her with the info. Even if I did know something about it, I\nstill would have directed her to the condo association for the complete\naccurate answer. <\/p>\n\n\n\n

Whose responsibility is it anyway?<\/p>\n\n\n\n

Home buyers rely on the information when making buying\ndecisions, and how much to offer. So, it goes without saying that home buyers\nwant accurate information. That\u2019s why most agree that it\u2019s best practice to\ndirect the buyer\/agent to get answers from the source. This way they can make\nthe best decision based on correct answers.<\/p>\n\n\n\n

Whose Responsibility is it to verify information? Regardless of what information is provided (or not provided) on the sell disclosures, the home buyer should verify doing due diligence. The home buyer should confirm the accuracy of what is disclosed, as well as investigate any areas of concern.\u00a0 Although it\u2019s easy to verify some information because of its public information availability, some information can only be obtained via a phone call or email to the locality where the house is located.\u00a0 <\/p>\n\n\n\n

By Dan Krell
Copyright \u00a9 2023<\/p>\n\n\n\n

\"Protected<\/a><\/figure>\n\n\n\n

Disclaimer<\/a>.\n This article is not intended to provide nor should it be relied upon \nfor legal and financial advice. Readers should not rely solely on the \ninformation contained herein, as it does not purport to be comprehensive\n or render specific advice. Readers should consult with an attorney \nregarding local real estate laws and customs as they vary by state and \njurisdiction. Using this article without permission is a violation of \ncopyright laws.<\/p>\n","protected":false},"excerpt":{"rendered":"

When selling a home, the seller is obligated to provide a set of disclosures to the home buyer. The disclosures cover almost everything from home condition to local zoning compliance. Even common ownership community (condo\/HOA) disclosures are incorporated into the home sale contract. However, buyers always have questions. Some questions are easily answered because they … <\/p>\n

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