Responsibilities of the Seller
Tips for Selling Your Shuswap Home
When you employ a REALTOR®, you are responsible for providing him or her with accurate information concerning your home; its age, the condition of the roof and other structural issues etc.
You must disclose both the good features and the defects. In BC you will be asked to complete a form called the Property Disclosure Statement and it is best to be honest and report any concerns on this form. If you don't and a significant fault is discovered during a home inspection or before the sale it can cast a shadow of doubt over the rest of the home. If the fault is dicovered after the sale and it can be proven that you knew about the problem you may be sued for the cost of the repairs.
A major defect does not mean that your home will not sell. List the defect and state how your home's price has been lowered accordingly. This can actually be attractive to some buyers, especially if they have experience with the required repairs.