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Addenda

As Is Addendum

Will I get a disclosure with a short sale and foreclosure?

What is a 1031 Exchange?

Where can I read more about lead based paint or mold?

Will I get a disclosure with a short sale and foreclosure?

You will get a disclosure with a short sale assuming the owner has lived there. You will not get a disclosure with a foreclosure as the bank really knows very little about the property and they are the current owner.

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What is a 1031 Exchange?

A 1031 exchange is a way to buy and sell investment property without having to pay taxes. It does not affect the other party, so if the other party is doing one, it should not change your transaction at all. If you are interested in doing a 1031 exchange they can be very complicated and you need to use a good exchange company. Here are our recommended exchange companies.

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Where can I read more about lead based paint or mold?

A Brief Guide to Mold - understand more about mold and moisture in your home.

Protect Your Family From Lead Hazards - important to read for all homes built prior to 1978. Brochure put out by the EPA.

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