Do you know what a seller disclosure is? Home buyers should go over the required seller disclosures before making an offer.

As a buyer, you’ve got find out everything you can about the condition of a home before you even make an offer.

Seller disclosure requires a home seller to tell you about any defects that could hurt a home’s value. Those could be septic problems, a leaky basement, roof leaks, mold or even a damaged foundation.

The seller should list any of these problems on a disclosure form. He’ll then likely say the price of the house takes into account the problems listed. Fine, but you have to decide if the house is worth the asking price if, let’s say, it’s going to need a new roof.

Some states don’t require that sellers provide you with a written disclosure. But you should ask the seller to disclose known defects in writing anyway.