A good Realtor should be able to explain the Closing Disclosure (including closing costs) to you line by line, but really your lender is responsible for educating you on your closing costs inc. their fees, prepaids, points, etc.

Full disclosure: I'm a licensed broker but don't actively sell any RE.

Once rehabbed, what disclosures would I have to make if I were to sell it as a flip?

Once rehabbed, what disclosures would I have to make if I were to sell it as a flip?

Full disclosure I am a paying client (and a VERY happy one) and get a bonus when new agents sign on after I recruit them.

(Full Disclosure - I have one of these policies myself and have borrowed against the cash value). 

Also, full disclosure - I have utilized creative financing & transaction structures (installment sale transactions, had the seller take back 2nd position notes, baked brokerage fees into the agrement of sale  in off market transactions to name a few), so I am not opposed to it, but they were utilized in very unique and circumstantial land entitlement transactions. 

Hi William,You are looking for disclosure of 35+ years of trade secrets???  

The best and fastest way to ensure nobody is misled is with a full and honest public disclosure in the same forum where the misstatements were transmitted.

I do also recommend finding a mentor that can help you through the purchase, and also read the as is contract for buying a home, and look up sellers disclosures and get familiar with them if you're purchasing on the market.