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UNLOCKED DISCLOSURE REVIEW SUMMARY
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Property Address: 123 Main Street
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AvailableIssuesNotes
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Sellers' Disclosures (TDS / SPQ)YesSubstantialThe seller notes the previous owner passed away "peacefully due to old age" on the property within the past year. There is a solar panel lease with a balance of $12,000 remaining over the next 8 years. The next lease will transfer to the next owner.
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Agent Visual Inspection (AVID)YesLowThe listing agent notes the seller will be leaving the garage storage unit for the buyer. Additionally, the listing agent notes the home will be cleaned once the staging materials are removed.
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Home Inspection ReportYesElevatedThere is minor vertical cracking in the foundation walls located at two areas of the foundation. The inspector notes these cracks appear to be small enough to recommend monitoring the progression of the cracks rather than needing immediate attention.
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Roof Inspection ReportYesLowThe roof requires repair on damaged singles, ridge caps, vent flashing, resealing the vent collars, and clearing debris. The total cost of these repairs is $1,600. The inspector notes that the roof has 10-15 years of serviceable life remaining, assuming proper maintainance and servicing.
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Pest / Termite Inspection ReportYesElevatedInfestation by Drywood Termites was noted at the exterior and interior at various locations. Fumigation is recommended. Total repair costs for all pest inspection reapirs is $16,600.
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Natural Hazards DisclosureYesElevatedThis property is located within a liquefaction zone. This will apply to most properties in the surrounding areas as well.
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Preliminary Title ReportYesLowThere is a building setback line affecting the property 15ft from the sidewalk to the southside of the home.
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SQFTProperty TaxesEstimates
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Listed: 1,275Tax Rate:1.10%Pest/Termite:$16,626
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Roof:$1,595
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County: 1,275Additional Fixed Taxes:$840
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Other(Solar Panel):$12,000
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An Important Disclaimer
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This Disclosure Review Summary is intended as a supplement to, not a replacement for, the full Disclosure Packet for any given listing and all the materials contained therein. Prospective buyers should regard this Summary as a guide to aid their review of the corresponding Disclosure Packet. This Disclosure Review Summary does not purport to be, and is not, a comprehensive summary of all materials contained in the associated Disclosure Packet. The full Disclosure Packet should always be read carefully and in its entirety. Unlocked, and its employees and representatives, are not and do not purport to be experts with regard to the disclosures contained in, and any other subject matter set forth in, any Disclosure Packet. Except solely to the extent required by applicable law, neither Unlocked nor any Unlocked employee or representative will be liable to you for any statements contained in or omitted from this Disclosure Review Summary or any accompanying Disclosure Packet.
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Unlocked Brokerage, Inc.
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support@unlocked.com
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www.unlocked.com
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CalDRE# 02060530
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