When buying in Virginia, it is critical to exercise necessary due diligence on matters that may affect your decision to purchase a property. It’s easy to fall in love with a home and forget to do your research. To prevent surprises or regret, it’s really important to thoroughly investigate matters that would be important to you or affect your offer.
Virginia is a “buyer beware” state and in most cases, the seller makes no representations or warranties as to the matters listed below. I’ve included some resources as a starting point to assist with whatever due diligence the buyer deems necessary. This list is not exhaustive of matters that might affect a buyer’s desire to purchase a property, and buyers should consult Arlington County or other resources as they feel necessary.
- Condition of the real property
- Your home inspector(s)
- Adjacent parcels
- Provisions of any historic district ordinance that affect the property
- Resource protection areas established on the property in an ordinance implementing the Chesapeake Bay Preservation Act
- Registered sexual offenders
- Dam break inundation zone affecting the property
- Stormwater detention facilities located on the property, or any maintenance agreement for such facilities
- Wastewater system present on the property, including the type or size thereof or associated maintenance responsibilities related thereto
- Right to install or use solar energy collection devices
- HOA/condo documents (if any)
- Permitting for Solar Photovoltaic (PV) Systems
- One or more special flood hazard areas affecting the property
- One or more conservation or other easements affecting the property
- Community development authority
- Schools (district boundaries can change)
- Neighborhood amenities and transportation (WMATA)
- HOA/condo/town restrictions
- Neighborhood at different times of day
- Home Disclosure report (compilation of other public sites)
The full Residential Property Disclosure Statement can be viewed here. The above list is not exhaustive of matters that might affect a buyer’s desire to purchase a property, and buyers should consult Arlington County or other resources as necessary.
Please contact me for assistance in making an educated purchase.