The paperwork involved in selling your house in San Antonio can be intimidating. Particular documents are needed prior to listing your property for sale, papers when an offer is made and documents for the closing. But don’t worry, because if you concentrate on completing one form at a time or obtaining one document at a time will make things easy for you. Get your ducks in a row to sell your house in San Antonio!
A lot of paperwork is required when selling your house in San Antonio. This post will give an overview of some of the paperwork needed to sell your house in San Antonio. Note that this may not be a complete list since different documents are required depending on the market you are in. Therefore, it’s import to consult your agent or attorney regarding the documents needed before beginning the selling process.
Documents For Listing
Comparative Market Analysis (CMA) Report
A Comparative Market Analysis (CMA) report for your property is an important document to obtain prior to listing your house for sale. A CMA gives you an idea of recent home sales in your area and helps you determine the listing price for your house.
Your listing contract will give your agent the exclusive right to sell your house in San Antonio. Be sure to understand the conditions of your listing agreement before signing.
Other documents may required in your state. Be sure to understand what specific documents are needed to sell your house in San Antonio to avoid any costs or fees!
You must disclose and defects or problems with the house that you are aware of. This information is captured on a disclosure statement. Failure to acknowledge known problems or defects can be considered fraud.
Receipts and Repair History
A prospective buyer is going to want to know what maintenance, repairs and upgrades you have done on your property, who did the work and when. They will also want to know what warranty or guarantee are offered. Keeping a “home maintenance” folder or binder can be great way to keep quotes, receipts and any guarantee documents in one place.
Preliminary Title Report
The preliminary title report gives a good summary of you as the owner. It states that the property is indeed owned by you (hopefully!) and that no liens are against the property which could derail the sale process.
A home warranty will help give your buyers a good feeling about your property. It can show that you have taken care of the property in the past and that you affirm the house will serve it’s new owner well with any problems with the property or appliances taken care of.
Paperwork After An Offer
A purchase offer lays out the initial terms and framework of the deal. It expresses your buyer’s intent to buy. It is not the final contract as the terms of the purchase agreement may change as more is discovered about the property.
If your buyer is working with a lender to purchase your home, an appraisal will be required. If the house appraises for less than what is being offered, you may find yourself in negotiations with your buyer and their bank, or the sale may end up falling through completely. (With a direct sale to Big Buck Home Buyers, you won’t have to worry about an appraisal or the deal falling through.)
The inspection report will show if there are and structural problems, infestations, or issues with the property that need to be dealt with. If there are problems with the house that weren’t mentioned in the disclosures, your buyer will negotiate on price or ask you to repair before the sale is finalized.
The purchase agreement is the final contract to buy the home. It lays out all of the details of the transaction and protects all parties involved. It will clearly lay out what is being paid, what is owed, and the timeline for the selling process.
The deed is the final document in the home sale. It legally transfers ownership from one person to another. The deed will need to be filed and recorded as quickly as possible.
Leave The Paperwork To Us Instead!
The paperwork mentioned above covers just a few of the things you will need to sell your house in San Antonio the traditional way. That said, when you sell your house to Big Buck Home Buyers, all of the paperwork will be handled for you! You won’t have to waste time wondering if you have the right document, if you filed it with the right person, or if you filled it out correctly. We are very experienced buyers who can help you through the entire process making sure everything is handled legally and timely. If you’re ready to sell your house in San Antonio, let us provide you with a great offer! We’ll handle all of the details to make the sale a success!