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"Successful Sale"
"Thank you again for all your help in the successful sale of our property in Indian Ridge. We were very pleased with the sale result and especially happy to have your professional assistance in the process. We saw several important benefits in having your support. You prequalified buyers before showing our property. The marketing effort was professional, fast and very effective. You were always conscious of our needs with regard to showings. You handled buyer’s requests professionally and were able to say no to unreasonable ideas. The process was made easy, prompt and effective due to your professionalism and we appreciate the extra effort you made to make our sale successful at a good price."
"Win and Jane Hamilton"
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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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| Q |
Where would you go if you wished to stay in the world's most expensive hotel room?
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| A |
The Imperial Suite at the President Wilson Hotel in Geneva, Switzerland, which can be reserved for $33,000 per night. |
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