The stack of paperwork you’ll encounter when selling your house in Milwaukee 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 Milwaukee!
If you want to sell your Milwaukee house, you probably know that you will have to sign a lot of paperwork, but this doesn’t have to overwhelm you. In further text, we will name some of the paperwork that is required to sell your house in Milwaukee. Keep in mind that this isn’t strict and that depending on your county and state you may have different requirements, so it’s always the best to contact your lawyer first.
Documents For Listing
Even before you list your house, you should obtain a CMA for your property. The CMA is a document which will provide you information on recent sales in your area, which will help you to price your house appropriately.
Your listing contract is the proof that you have given your agent an exclusive right to sell your house in Milwaukee. Be sure to read everything in it, so you know what is included and what isn’t.
Also, some states have special requirements that are needed to list your property. Be sure that you have everything you legally need, so you don’t have to pay additional expenses or fees.
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.
Receipts and Repair History
Your buyers must know what was done and when. They’ll want to know what agency provided the repair services, which services were performed and what sort of guarantees are offered. This is why you should always keep a folder of all your home repair documentation so you’ll always know where every single paper is.
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.
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.
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 Sparks Property Investors LLC, 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 Milwaukee the traditional way. That said, when you sell your house to Sparks Property Investors LLC, 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 Milwaukee, let us provide you with a great offer! We’ll handle all of the details to make the sale a success!