Survey: 94% of Sellers Don’t Disclose Property Defects

In a recent small survey, more than 90% of homebuyers say they found at least one issue with their home after the transaction that the seller didn’t disclose, according to a new survey from Cinch Home Services, a home warranty company. Even more alarming is that 94% of sellers admit to selling their homes without disclosing a known issue.

The top three problems buyers discovered after closing involved the electrical system, fixtures, and plumbing. The survey shows the majority came from unpermitted repairs and upgrades.

Source: Survey of 494 homebuyers and 476 sellers within the last year conducted by Cinch Home Services

Builders & Investors! Don't snooze on this Silicon Beach property with approved RTI permits!

For questions call/text the listing agent, Daniel Madariaga, at 818-445-7953. For more info visit CentinelaHome.com.

Attention Builders! This Silicon Beach property comes with fully approved RTI permits to build a 3-story duplex, with an attached ADU, all with an amazing rooftop deck.

Each unit has 3 bedrooms. Two units have 3 ½ baths, and one has 2 ½ baths. The plans also include an attached 1-car garage and 3 uncovered parking stalls.

Located close to Playa Vista, this property is just feet away from the Ballona Creek bike path, which takes you directly to the beach.

If you're looking to build three new units in Silicon Beach, all at a great value, this might be the property for you. RTI permits are available upon request.