Selling a home requires a ton of paperwork, so make sure you’re prepared.
Are you looking to sell a home? At times, it may seem like you are adrift on an endless sea of paperwork. So many documents are required during the sale of a home that it can be confusing and worrisome. It’s easy to become overwhelmed, which is why I’ve put together this brief primer to help you navigate the process. This isn’t an exhaustive list of all the documents you might need during a sale, but it should help you get the ball rolling.
1. Pre-listing paperwork. This will go over the entire history of the ownership of the home which should include title documents, deeds of sale, deeds of loan, any kind of receipts and warranties for repairs or upgrades, invoices, insurance contracts, and more. If you own a condo, you’ll need to provide the declaration of ownership, minutes of the meetings, and financial statements for the condo syndicate for at least the last two years.
2. Listing paperwork. Your real estate broker will be responsible for most of this, and it will include listing contracts, seller declarations, and more. One important thing to note is that your certificate of location needs to be less than 10 years old. This is true even if nothing has changed. Therefore, check this ahead of time so you don’t find out at the last minute.
3. The offer and closing paperwork. Once you’ve gone on the market and found the buyer, more documentation comes. Your purchase agreement is the document that binds you to the buyer. The notary will prepare a deed of sale that will transfer ownership officially to the new homeowner. This document is going to have plenty of amendments that may include the home inspection, an appraisal, adjustments, renegotiations, and more. Be prepared for a lot of paperwork.
If you’re getting ready to sail the sea of paperwork required for a successful home sale, reach out to me. Call or email me anytime, as I am ready and waiting to help you with all of your real estate needs.