How do I find out about the condition of the home I’m considering?

First and foremost it is strongly recommended that you hire a professional person to inspect the home. Inspectors attend seminars and stay abreast of the latest developments.

Secondly the seller will be asked to complete the Seller Property Information Statement (SPIS) which asks them to disclose everything known about their property. Home sellers are required to indicate any significant defects or malfunctions existing in the home’s major systems. The form also asks sellers to note the presence of environmental hazards, walls or fences shared with adjoining landowners, any encroachment of easements, room additions or repairs made without the necessary permits or not in compliance with building codes, zoning violations, citations against the property and lawsuits against the seller affecting the property.

Also look for settling, sliding or soil problems, flooding or drainage problems.

People buying a condominium must be told about covenants, codes and restrictions or other deed restrictions, if the homeowners association has any authority over the subject property and ownership of common areas with others. Be sure to ask questions about anything that remains unclear or does not seem to be properly addressed by the forms provided to you.