The stack of paperwork you’ll encounter when selling your house in San Antonio is a big one. There are papers you’ll need before listing, documents for listing, documents when an offer is made, and documents for the closing. While it might seem like a lot, don’t fret! Handling one piece of paper at a time will make things easy for you. Get your ducks in a row to sell your house in San Antonio!
Selling your house in San Antonio will require a lot of paperwork, but you don’t have to feel overwhelmed. In this post, we will review some of the paperwork required to sell your house in San Antonio. Keep in mind that there are different requirements depending on where the house is located, so you’ll want to confirm everything with an agent or lawyer before you begin the selling process.
Documents For Listing
CMA Report
If you plan on listing your house, you’ll want to obtain a CMA for your property. The CMA will provide you with information on recent area sales so you can determine what you should be asking for your house. A CMA will compare properties that are similar to yours in bedrooms, bathrooms, square footage, and condition.
Listing Contract
Your listing contract will give your agent the exclusive right to sell your house in San Antonio. Before agreeing to a listing, make sure you understand what is included and what isn’t. You should know how much they are going to charge you and how much they are going to pay the other agent at closing.
In addition to these documents, some states have special items they require while the property is listed. Make sure you have everything required so you aren’t subject to any costs or fees!
Disclosures
Any defect or problem with the house will need to be disclosed to your potential buyers. You’ll need to provide this information on a disclosure statement. This is the law and can be considered fraud if known items aren’t disclosed.
You should disclose anything that you know about the property that could negatively impact the new owner. Make sure you know what you are required to disclose when you are selling your house.
Receipts and Repair History
Your buyers are going to know what was done and when. They’ll want to know who was used, what services were performed, who did the work, and what sort of guarantees are offered. It’s a good idea to keep a folder of all of your home repair documentation so everything is in one spot and easily accessible.
Did you pull all the necessary permits required to do the repairs? Make sure you let the new buyer know that everything is up to code and cleared with the city.
Preliminary Title Report
A preliminary title report will show your potential buyers that the house is owned by you, that you are up to date on your taxes, and that there are no liens against the property that can impede the sale process.
Warranty Information
Your buyers will want to know about the home warranty as well as the warranty of any appliances that are included in the home sale. If you had any work done that comes with a transferable warranty, make sure you let the new buyers know that as well.
Paperwork After An Offer
Purchase 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.
Appraisal
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 Sell My San Antonio House, you won’t have to worry about an appraisal or the deal falling through.)
Inspection Report
The inspection report will show if there are any 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 it before the sale is finalized.
Purchase Agreement
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.
Deed
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. If you do not have your deed, do not panic, the deed is probably recorded with the county and the title company will be able to retrieve it.
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 Sell My San Antonio House, 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 cash offer! We’ll handle all of the details to make the sale a success!