What Paperwork Should you Get Together in Preparation for Selling your Home?
Thursday Feb 09th, 2023
When you first think about preparing your house for sale you think of the obvious. What needs fixing, de-cluttering. How about fresh paint? That’s all part of getting your property ready for buyers.
But there’s another type of preparation that you also need to do. And, the sooner you do it, the less stressful your move will be.
Yes, it's the dreaded paperwork!
Here’s what to gather:
- Property documents such as deeds, easements, surveys, liens, etc.
- Mortgage documents, plus any other loans (i.e., line of credit) that use the property as collateral.
- Maintenance and service agreements that may continue with the new owners.
- Warranties and guarantees that are transferrable to the new owners.
- Recent utility bills, such as water, electricity, etc.
- Rentals (i.e., water heater rental.)
- Home security agreements and codes.
- Contracts for any work done on an ongoing basis. For example,
Getting these records together early will ensure you’re not scrambling at the last minute to find them. Some of these documents, such as warranties, also make for attractive selling features.
Have you made recent upgrades? You might want to write them down as they will help with marketing your home. If you have receipts for work, especially on large expenditures such as roof, heating, windows, or any renovations, you'll want to have them ready.
Do you have questions? Please don't hesitate to reach out and call me.