Released on: March 26, 2008, 3:58 am

Press Release Author: Mark Maupin

Industry: Real Estate

Press Release Summary: Property investment can be very lucrative however there is
some risk involved. It is important that property be researched and that investors
are aware of the ramifications regarding the house/property they are planning to
purchase.

Press Release Body: Buyers are entitled to seller disclosures that should list all
pertinent information. A Property Disclosure Statement includes material facts,
deaths on the property and recent repairs. Property Disclosure Statements are
required by law in most states (in California it is required by Civil Code and is
called a Transfer Disclosure Statement).
The HUD-1 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. The Preliminary
Title Report or Title Commitment 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. The covenants, conditions and restrictions (CC&Rs) are
a matter of public record and affect the way the property can be used.
The lead-based paint disclosure gives the buyer 10 days to inspect for lead-based
paint unless both parties agree to waive this right. There is a Lead-based paint was
banned in 1978; however, even though a property was built after 1978 does not mean
that it is lead-free.
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
This Press Release has been submitted by PREasy.com


Web Site: http://www.jeffsworkshop.com/

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