Disclosures are a critical part of selling a home, and they often raise questions for sellers. After 23 years as a real estate professional and as Broker Owner at Helen Oliveri Real Estate, I make sure Mundelein homeowners understand their disclosure obligations before listing. In Lake County IL real estate 2025, transparency is not just recommended, it is required.
With over 3000+ homes sold and 311 Google 5-star reviews, I have guided sellers through disclosure requirements thousands of times. When handled correctly, disclosures protect both sellers and buyers.
Required Illinois Seller Disclosures
Residential Real Property Disclosure Report
Illinois law requires sellers to complete this disclosure, which addresses known material defects related to structure, systems, water intrusion, and safety issues. Sellers are expected to disclose what they know, not what they suspect or assume.
Lead based paint disclosure
Homes built before 1978 require a lead based paint disclosure. This is a federal requirement and applies regardless of condition or renovation history.
I often remind sellers, “Disclosure is about honesty, not perfection.”
Why Accurate Disclosure Matters
Incomplete or inaccurate disclosures can lead to delays, renegotiations, or legal issues after closing. In Mundelein, buyers are informed and typically review disclosures carefully. Providing clear information builds trust and supports smoother negotiations.
Preparation before listing helps sellers feel confident completing disclosures. This guide is one I frequently recommend during that stage:
https://helenoliveri.com/preparing-your-home-for-a-hot-market/
How Disclosures Affect Negotiations
Disclosures set expectations early. When buyers understand a home’s condition upfront, inspection negotiations tend to be more focused and reasonable. In Lake County IL homes for sale, transparency often reduces surprises later in the process.
Pricing strategy also ties into disclosures. Homes priced accurately based on known condition issues are less likely to encounter resistance. Sellers often review this resource as part of that discussion:
https://helenoliveri.com/your-guide-to-pricing/
Guidance Through the Disclosure Process
As a 23 year veteran real estate agent, I guide sellers through disclosures carefully, ensuring forms are completed accurately and confidently. If you are also buying in Lake County IL 2025, disclosure clarity on your sale helps keep your next purchase on track.
Helen Oliveri real estate focuses on protection, transparency, and reducing risk for Mundelein sellers at every step.
Helen Oliveri
Broker Owner | Helen Oliveri Real Estate
23 year veteran real estate agent
Over 3000+ homes sold | 311 Google 5-star reviews
Contact Helen Oliveri at Helen Oliveri Real Estate | (847) 401-0136 | www.helenoliverirealestate.com/ for a FREE 2025 Market Strategy Session