The Virginia General Assembly recently took at look at the Resale Disclosure Act and have made some changes, or omissions, that have made a loophole for Buyers to make their offers more competitive: it is no longer a requirement that a buyer has the right to void a contract based on the Resale Package.
Realtor Lynn Norusis discusses the changes the Virginia Assembly made and what it means for Buyers and Sellers moving forward; at least for the next 6 months.