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All agents are NOT alike! Find out why I am a top real estate expert. Call me: 215-321-2378 Ext. 140
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Buyers Want Your Home for as Little as Possible. Are you thinking of selling your home? You should know exactly what it's worth before making such an important decision. Find Out More > View All Offers >
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"Thanks for going above and beyond" "You came highly recommended to us and we will continue to pass along those same reommendations. "Seth & Celine Read Quote > View All Quotes >
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Martin Millner is one of The
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Yardley, Newtown and Doylestown Photo Gallery Request my Free Yardley, Newtown and Doylestown Relocation Package. It's packed full of useful and important information about the Yardley, Newtown and Doylestown, Pennsylvania area. Don't move here without it! Remember: I'll send it to you for free and without obligation. Just fill out the form and I will send it right out. 
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 |
What area in the United States has the highest per capita income?
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| A |
The New York/New Jersey/Long Island area has a per capita income of over $750,000, according to the most current available U.S. census data. |
See More Real Estate Trivia > |
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