Yes, you are legally required to disclose past foundation repairs when selling your home in most states. 🏠💬
Why disclosure is important:
- Transparency builds trust with potential buyers.
- Failure to disclose could lead to legal issues, including lawsuits for misrepresentation or fraud.
- Buyers have the right to know if the home had structural problems, even if they were repaired.
What you should disclose:
- The type of foundation repair performed (e.g., slab jacking, pier installation).
- When the repair was done and by which contractor.
- Whether the repair came with a warranty, and if it’s transferable to the new owner.
- Any engineer’s reports or inspections related to the repair.
Being honest about foundation repair can actually work in your favor if the repair was done professionally and the issue was resolved. It shows the buyer that you’ve taken good care of your property. ✅💼