It’s possible to sell a home without the aid of a realtor. With that said, if you’re going to be selling your house on your own, you’ll want to make sure you have your paperwork in order. These are a few of the documents you’ll need to have on hand.
Even if you’ve finished paying off your home, you’ll want to gather mortgage documents. You’ll need to be able to present information on the status of your loan in order to complete a sale.
Your deed establishes that you own your home, which is why you’ll need to be able to provide this information in order to make a sale. Make sure you have a copy of your home’s deed on hand.
Final Purchase Agreement
When you closed on your home, you should have received a final purchase agreement. This is another document that you’ll want to be able to show when selling your house.
Property Tax Information
What have you paid on property taxes in the past? Prospective buyers will want to have access to this information. It will give them a clearer picture of what they’ll be paying in property taxes in the future.
Homeowner’s Insurance Documentation
Every homeowner must have homeowner’s insurance. You’ll want to be able to prove to potential buyers that you already have insurance for your property.
In addition to the paperwork listed above, it’s likely that you’ll need to gather more documents in order to sell your home. Some of the paperwork that you may need includes:
- The title report
- Lease agreements for properties with tenants
- Lead paint disclosures for properties built before 1978
If you intend to continue living in your property for a period of time after the sale has completed, you may need to work with a lawyer to create a rider for the sales agreement. The rider can specify when the buyer will be able to take possession of your home. For example, you can specify that the buyer will move in 30 days after the sale is complete.
Other Things To Consider
While it’s possible to sell a home without a realtor, there are other challenges you’ll have to overcome if you try to sell your house on your own. It’s smart to work with an attorney that will work with you during this process.
When your home is being closed upon, the attorney that you work with will be able to notarize legal documents and facilitate the signing of these documents. An attorney can also read over contracts and ensure that everything is being handled appropriately. If you choose to work with a realtor, they will be able to provide a lawyer for this part of a process.
Ultimately, it’s up to you to decide whether or not you’d like to work with a real estate agent. It can be rewarding to sell a home on your own, but a realtor can do a lot to make this process easier for you. Those are all of the documents needed to sell a house if you decide to sell without the help of a Realtor.
If you decide to go this route then you will benefit from selling your house to a real estate investors like https://www.sellmyhousefastindallas.net that buy houses cash and handle all the paperwork for the seller.