Disclosure Information: Many states require the home buyer to disclose all the information the buyer needs to know about the home before the sale can take place. For example, if the home needs repairs or if there is a problem that could affect the value of the property elsewhere, the buyer must inform the seller in writing of these problems. The buyer should be aware of all the additional costs he faces as soon as he owns the house. Contract for the sale and purchase of real estate (no broker) in exchange for a good and valuable consideration, the obtaining and sufficiency of which are recognized, seller of one or more, and buyer, that one or more, enter into hereby. Sites like Craigslist, Ebay, Poshmark, and other online marketplaces have made it easier for buyers and sellers of personal property to connect.