When selling a property, it's important to be upfront and honest about any defects or repairs that have been made to the house. Whether these have been fixed or are still outstanding, not disclosing them can cost you in the long run.

For one, buyers will give more credibility to a seller who takes the time to fill out disclosures and list any defects that are either currently in place or that have been already repaired. It gives them confidence that they are making an informed decision about the property.

On the other hand, if a seller fails to disclose a defect, it can lead to a less smooth transaction. Buyers may become hesitant or even back out of the deal if they feel like the seller is not being forthcoming about any potential issues with the property. This can ultimately cost the seller time and money in the long run.

In addition, not disclosing defects can also lead to legal trouble. Sellers have a duty to disclose any known defects or problems with the property, and failure to do so can result in legal action being taken against them.

Overall, it's important to be transparent and honest when selling a property. The cost of not disclosing property defects in real estate can be high, both financially and legally. By taking the time to disclose any issues with the property, sellers can ensure a smoother transaction and avoid any potential legal trouble.