To make the home selling process easier, collect all the important documents you need before you list your home. These documents include:
- Title: This is the deed that proves you own the house. It helps to have this document handy, especially if there is any kind of dispute.
- Sales Contract: Unless you had the home built, there was a previous owner. Find your old sales contract so prospective buyers know the chain of ownership.
- Appraisal: A professional appraiser needs to assess the fair market value of the property to set how much the mortgage lender will loan to prospective buyers. In addition to this appraisal, locate the appraisal you got when you first bought the home.
- HOA Documents: If your home is governed by a Homeowners Association, the buyer will want information about the HOA. Be prepared to show the HOA Articles of Incorporation as well as bylaws, rules and regulations, a dues statement, two years’ worth of Association meeting minutes and the Declaration of Covenants, conditions and restrictions.
- Preliminary Title Report: This is a report on whether there are any outstanding dues on the property, such as taxes.
- Payoff Amount: This is a statement of how much you have to pay to dispense with your mortgage once you sell the house.
- Insurance Records, Maintenance, Improvements: Access any information about insurance claims you may have filed on your homeowners’ policy while you have owned the home. You will want receipts of any maintenance work and improvements, everything from painting to remodeling.
- Appliance Manuals and Warranties: Any appliances that come with the house should come with the manuals and any active warranties. You will leave these with the new owners when they take possession.
- Utility Bills: Potential buyers often want to see a year or so of utility bills.
If you are working with a real estate agent, you should be prepared to present any additional documents that they may deem necessary. During the home sale process, other documents may become useful or be required. The more documentation you can present with respect to your home, the more likely you are to have a smooth sales transaction.
For more information about how to sell your home in the York, PA area, contact CENTURY 21 Core Partners.