Disclosures are one of the most important and often misunderstood parts of selling a home. After 23 years as a real estate professional and as Broker Owner at Helen Oliveri Real Estate, I make sure Buffalo Grove sellers understand their disclosure responsibilities before their home ever goes live. In Lake County IL real estate, transparency protects both sellers and buyers.
With over 3000+ homes sold and 311 Google 5-star reviews, I have guided sellers through disclosure requirements thousands of times. When disclosures are handled correctly, transactions tend to move forward more smoothly and with fewer surprises.
Required Seller Disclosures in Illinois
Residential Real Property Disclosure Report
Illinois law requires sellers to complete this form, which addresses known material defects related to structure, systems, water intrusion, and safety. Sellers are required to disclose what they know, not what they speculate.
I often tell sellers, “Disclosure is about honesty, not perfection.”
Lead based paint disclosure
Homes built before 1978 require a federal lead based paint disclosure. This applies regardless of renovations or current condition and must be provided to buyers before contract acceptance.
Why Accurate Disclosures Matter
Incomplete or inaccurate disclosures can lead to delays, renegotiations, or legal issues after closing. Buyers in Buffalo Grove tend to review disclosures carefully, especially when comparing similar homes.
Clear disclosures help set expectations early. When buyers understand a home’s condition upfront, inspection negotiations are usually more focused and reasonable.
Preparation before listing helps sellers complete disclosures confidently. This guide is one I frequently recommend early in the process:
https://helenoliveri.com/preparing-your-home-for-a-hot-market/
How Disclosures Affect Pricing and Negotiations
Disclosures influence pricing strategy. Homes priced accurately based on known condition issues tend to attract more realistic offers and experience smoother negotiations. Sellers often review this pricing resource when planning their strategy:
https://helenoliveri.com/your-guide-to-pricing/
As a 23 year veteran real estate agent, I guide sellers on how to disclose clearly without creating unnecessary concern.
Guidance Through the Disclosure Process
At Helen Oliveri Real Estate, disclosures are reviewed carefully so sellers feel confident and protected. If you are also buying in Lake County IL, disclosure clarity on your sale helps keep your next purchase on track.
Helen Oliveri real estate focuses on transparency, preparation, and reducing risk so Buffalo Grove sellers can move forward with confidence.
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 Market Strategy Session