North Wilmington real estate DE, Wilmington real estate, New Castle County real estate, Hockessin real estate, home listings and homes for sale in Delaware, ranch homes and luxury homes - Billie Chubb & the Chubb Realty Group, REALTORS® Billie Chubb & the Chubb Realty Group REALTORS(r) for North Wilmington, Wilmington, New Castle County and Hockessin, Delaware real estate, ranch homes and luxury homes - NUMBER1EXPERTS™ Billie Chubb & the Chubb Realty Group NUMBER1EXPERTS(tm) for North Wilmington, Wilmington, New Castle County and Hockessin, Delaware real estate, ranch homes and luxury homes
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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 
What is considered one of the greatest U.S. construction projects that was also of great strategic importance to the U.S.?

A 
The Panama Canal, begun in 1904 and completed in August, 1914, which cost $366,650,000.
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Billie Chubb & the Chubb Realty Group, REALTOR®, real estate agents and broker for North Wilmington, Wilmington, New Castle County and Hockessin Delaware home listings, property and land for sale - NUMBER1EXPERT(tm)

Billie Chubb & the Chubb Realty Group
RE/MAX Associates

2900 B Concord Pike
Wilmington, DE. 19803
Phone : 302-388-8699
Phone 2: 302-478-6425
Fax: 302-478-8116
Email: [email protected]

“Growing up, I learned the importance of determination and hard work - and I've been putting it to use ever since. I'm dedicated to working for my community and helping people make the best decisions about their most important investment." Simply stated by Billie herself, her mission is to not only provide excellence in real estate services but also to make an impact in the lives of her clients and the community.

MLS REALTOR


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