What are sellers responsible for when selling a house?
California law requires sellers to disclose to potential buyers, in writing, any details about the property that could affect the potential buyer’s desire to purchase it or the amount the potential buyer is willing to pay.
When you sell a house do you have to remove everything?
As a general rule, when you’re selling your home, anything that’s attached or built into the house typically stays behind. For example, if your house has built-in bookshelves, you should leave those shelves for the buyer. The same is true of any fireplaces, bathroom fixtures and kitchen fixtures.
Can a buyer sue a seller after completion?
If the buyer discovers a defect after completion, the buyer may be able to claim damages in respect of a breach of contract or misrepresentation or they may be able to rescind the contract altogether.
How much do you lose selling a house as is?
If You Sell A House As Is Through A Quick Cash Offer Company
The majority of cash offer companies will make you an offer that’s 20-50% lower than your home’s market value. That’s a significant decrease in money you walk away with.
Can you sell a house with stuff in it?
As we said above, not every item in your house will be right for resale. But you will likely have several pieces in your home that can be resold. The key is finding the right stuff. Consider the items in your home that are rare or vintage or in perfect condition or barely used.
Can a buyer walk away at closing?
A buyer can walk away at any time prior to signing all the closing paperwork from a contract to purchase a house. Ideally it is best for the buyer to do that with a contingency as that gives them a chance to get their earnest money back and greatly reduces the risk of being sued.