Home Buyers in Nevada have something new to look forward to and Sellers another step to providing "Full Disclosure" to potential buyers. It's the "Energy Audit" now required and mandated by Law for residential property point of sale transactions. As of January 1, 2011, Sellers will be required to provide a three page disclosure of the energy consumption of their home or Buyers can waive their right to one.
All the details and NRS can be found here: http://renewableenergy.state.nv.us/.
Being someone who purchased in Nevada 17 years ago when there wasn't so much as a Sellers Real Property Disclosure, Nevada has come a long way in protecting the prospective home owner and Sellers. Whatever state you are purchasing in it's always a great idea to check what is required by law in the form of disclosures. Many who choose to Sell directly to the buyer (For Sale By Owner) could find themselves in legal trouble for not following the law and a Buyer who choses to buy directly from the Seller thinking they will hatch a better deal, beware you may be buying a lemon and without the proper documentation or representation from a Realtor you could be in for thousands of costly repairs.
Vegas is Selling Fast so As always Happy Home Hunting!
Heather Etchings
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