- By Stefan Hyross
- Published November 21, 2011
- Real Estate
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Rating:
Unrated

To help determine the actual pros and cons of a property involved in the bargaining process, many times sellers are requested to provide property disclosure statements (PDS) that disclose in the latent or unseen factors that may impact the property in the future This two-page document prompts the homeowner to examine such elements as water rights, zoning, underground storage tanks, plumbing, roofing, wiring and structural issues, and many banks refuse to look at financing a mortgage until the seller has filled-out a property disclosure statement