
So, you may be asking yourself at this point, what documents or paperwork are needed to sell my home? The documents required are a Purchase and Sales Contract, The Deed, a Listing Agreement, if you're looking to market the property with a Realtor, a Mortgage Payoff Letter which lets everyone know what must be paid off in reference to your mortgage loan and last but not least, a lead paint disclosure.
Now, the documents that I just went over are the minimum requirements. If the property was inherited, you must show documentation that proves that you have the authority to sell your house among your siblings if necessary.
In order to find a Purchase and Sales Contract, all you have to do is go to Google.com and type the following "Purchase and Sales Contract (Insert State of Property Location Here)" This tip alone could have saved you hundreds of dollars as I've heard of Realtors charging for providing such a document to home owners. The Purchase and Sales Contract is simple. Just read through it and you'll be able to understand everything in the document, especially if you can interpret this text.
The next document is the Deed. Deeds are usually recorded with the county and show proof of ownership. The Deed that you'll need, which is normally provided by the title company, is the Deed that transfers ownership from you to the next owner.
If you're looking to list with a Realtor, you'll need a Listing Agreement. Realtors don't charge for these, at least, not that I know of. You can also find this document on Google.com. CAUTION: Before signing a Listing Agreement make sure that you thoroughly read through every single line. Make sure to avoid cancellation fees, extended contract terms and other miscellaneous fees. Realtors will pretend to be your best friend when you sign into a contract with them. Once you mention canceling the Listing Agreement, they'll turn on you in a heartbeat.
Make sure you obtain the mortgage payoff letter. This document can easily be obtained with a simple phone call to your lending institution.
Well, there you have it! Hopefully this article has shed some light on what documents you need to sell your house.