(EMAILWIRE.COM, March 27, 2008 ) Chicago, IL--Investors need the right information to ensure their property purchase is a good money making deal rather than an unnecessary loss. This is especially true for making short sales; learn more from property investment expert, Jeff Kaller.
On the surface, disclosure might seem very basic. A potential buyer is entitled to know when the house was originally built, what materials the roof is made out of and how many square feet the house and property are. Though these are all important facts to know regarding your purchase of a home, there is much more information that must be disclosed.
A buyer is entitled to seller disclosures, including material facts, deaths on the property and recent repairs. In addition, there are Property Disclosure Statements required by law in most states. This is a statement the seller must complete. In California, the Property Disclosure Statement is required by Civil Code and is called a Transfer Disclosure Statement.
A home buyer is also entitled to paperwork called he HUD-1 which is a settlement statement showing line item charges. The HUD-1 was created in an effort to simplify the disclosure of closing costs and it does so line by line so that the parties to the transaction are aware of all charges. There is also a Preliminary Title Report or Title Commitment. This should contain any information regarding easements or plans for any sort of construction on the property such as a backyard pool, fence and various other additions.
Jeff teaches the real estate secrets of purchasing pre-foreclosure properties while executing real estate theory to actual practice. To learn more go to http://www.freeshortsalecourse.com/
Contact Information:
Paramount Promotions LLC (The Countries Leading Short Sale Trainer)

Mark Maupin
303-B Anastasia Blvd. #148
St. Augustine, FL 32080
904-819-0676
Email Address: mgeronimo@thejeffkaller.com

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Mark Maupin
Tel: 248-939-6232
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