Selling Property Without Disclosing Problems

A property can have several structural, legal and other problems that you may not want to disclose when trying to sell it, but this could create some extra complications.

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Your top questions when selling property without disclosing problems

✅ What does it mean to sell a home without disclosing problems?

Selling a house or flat without disclosing buyers means that you are aware of structural damage or other negative aspects of your property but do not share those details with anyone that is interested in making an offer to buy your home. Depending on the process that you follow for selling your property, withholding this information can create some legal challenges.

✅ What are some problems that a homeowner may withhold when selling?

The Property Information Form, or TA6 form, requires sellers to disclose a long list of details about their homes – and many of these elements are things that you may want to withhold from potential buyers. This can include legal issues such as ongoing court cases affecting the home, structural flaws such as damage to the building, and various other negative aspects.

✅ Do I have a legal duty to disclose problems with my house or flat?

It depends on how you attempt to sell your home, because if you plan on filling out a TA6 form then you must answer the many questions about the property fully and honestly. Failing to do so can open you up to a court case from the buyer that results in significant penalties. But if you opt against filling out the form then this can be one way to withhold certain problems.

✅ What are the downsides of not disclosing a home's problems when selling?

If you complete a TA6 form but do not disclose certain problems with your home then the biggest downside is that you might be sued by the buyer once they own the property and discover issues you kept off the form. Alternatively, if you don’t use a TA6 at all then this can dissuade buyers from your property as they may fear you are hiding a major problem.

✅ Should I try to fix problems with my property before looking for a buyer?

One strategy to consider if you have problems at your house or flat is to try fixing them before you look for a buyer, as this would remove a situation where the negative factor poses any type of legal risk or other dilemma in the future. But you should carefully consider whether you have the energy, money and time needed to pursue what could be extensive repair work.

✅ How much will I pay in fees to sell a home without disclosing problems?

If you decide to sell your flat or house to a no-commission quick home buying company like LDN Properties, or you attempt to sell without any third-party support, then you will not have to pay any fees at all, which helps with reducing your costs. But selling at a property auction or selling with an estate agent will both require that you pay commission if they sell your home.

✅ When selling a property and not disclosing problems, what's the fastest option?

The swiftest way to sell almost any type of home is by getting in contact with a quick home buyer such as LDN Properties because the entire timeline should only be a handful of weeks, and that includes paying you the proceeds and exchanging contracts. The alternatives of selling at a property auction, with an estate agent or on your own can all take at least several months.

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