how much water damage shall seller discloses to home buyer in CA? if there was a guest bathroom - water damage, no mold, got fixed within 48 hrs.

Asked by Sad Homeowner, 92128 Tue Mar 13, 2012

In California, when I sell the property, shall I disclose every single history of home? even if it was a small damage 5 ft X5 ft ?

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11
Maureen Bye…, Agent, Oceanside, CA
Wed Mar 14, 2012
Ill can send you 2 disclosures forms that are used to protect the seller in this type of situation. Contact Maureen @760 622 6855 or email maureen@landangel.com
Web Reference:  http://www.coastal.biz
0 votes
Marcie Sands, Agent, Poway, CA
Wed Mar 14, 2012
Sad Homeowner,

As you can tell by every answer, you must ALWAYS DISLCOSE all of the property history no matter how small. Be sure that this disclosure is in writing and acknowledged by the buyer(s). Your agent should have already advised you about this and given you the proper forms. It is important to give the buyer an opportunity to investigate further if they wish to. By fully disclosing you are protecting yourself.

Kind Regards,

Marcie Sands
Simply The Best Real Estate Co., Inc.
Rancho Bernardo
760-644-1562
0 votes
Lance King, Agent, San Francisco, CA
Wed Mar 14, 2012
Sad,

You will likely be much sadder if you don't disclose and they find out later. You are required to disclose and if it's small a deal as you say it shouldn't be much of an issue. These things happen all the time.

Best Regards,

Lance King/Owner-Managing Broker
lance@fixedrateproperties.com
415.722.5549
DRE# 01384425
0 votes
Jerry Heard, Agent, San Diego, CA
Wed Mar 14, 2012
Disclose everything every time, If you fail to disclose and there are problems later you could be sued. If your agent knows are should have known about it they could be sued as well.
0 votes
Laura Coffey, Agent, Santa Clarita, CA
Wed Mar 14, 2012
Disclose everything all the time. It's better than them finding out & wanting to sue afterwards.
Also provide a CLUE report. It will tell them if there has been any insurance claims in the past 5 years.
Web Reference:  http://Www.laura4homes.com
0 votes
Joyce Du Jour, Agent, Poway, CA
Tue Mar 13, 2012
Disclose the problem. Honesty is the best policy.
0 votes
Glen Etherin…, Agent, Orange, CA
Tue Mar 13, 2012
Disclose, disclose, disclose. I have a great story on this subject but to save time, just disclose and there should be no problems that crop up along the way to a successful closing. Just for the record, I love Dennis' rule of thumb as well.
Web Reference:  http://www.glincus.com
0 votes
Sinead McAll…, Agent, Oceanside, CA
Tue Mar 13, 2012
Why are you sad? Yes, I would disclose it, so they can get it checked out and you can sleep at night. ALWAYS disclose!

If you need more assistance, feel free to contact me directly.

Thanks!
Sinead McAllister
858-205-5215
brokermcallister@gmail.com
0 votes
Cory La Scala, Agent, San Diego, CA
Tue Mar 13, 2012
Just disclose it. It will give the buyer a chance to have an inspector and maybe a plumber or other specialist to have a better look to be sure the problem has been taken care of. Then when you close, you close. Nothing will come back to haunt you.
0 votes
Shannon Ande…, Agent, San Diego, CA
Tue Mar 13, 2012
If you have to ask if it needs to be disclosed, the answer is yes. A Seller will not get sued for giving too much information, but lack of disclosure can get you sued every time. Typically a disclosure will ask, are you aware of.....Water intrusion into any part of any physical structure on the property; leaks from or in any appliance, pipe, slab or roof………just disclose to them the issue was and how it was fixed.
0 votes
Dennis Smith, Agent, Carlsbad, CA
Tue Mar 13, 2012
Dear Sad,

You asked:
"how much water damage shall seller discloses to home buyer in CA?"

My rule of thumb is "If you have to ask, you have to disclose"
Seller is required to disclose any material fact that may affect the desirability or usability of a home. How much disclosure may be determined by a judge.
On the SPQ, there is a section where the seller is supposed to disclose any repairs.

Hope this non-disclosure did not cost you too much money.

Dennis Smith, ABR, SRES, e-PRO, CDPE, Realtor® DRE# 00476662
Certified Distressed Property Agent
RE/MAX BY-THE-SEA
http://www.SanDiegoHomes4u.com
0 votes
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