The stack of paperwork you’ll encounter when selling your house in Pensacola 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! When you want to sell your house in Pensacola. 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 Pensacola!
Selling your house in Pensacola 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 Pensacola. 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.
Like I said before. You need to take one step out of time. This way you won’t get overwhelmed. But when it comes to spend more time than you should, specially when there’s no guarantee that you will sell your house might not worth it after all. But will get to that later.
Also, I like to emphasize one important thing. What’s the most important components when you want to sell you house? It simply boils down to only 2 important components at any giving day.
1) The price you would get for the house. 2) The speed of selling your house.
These are the 2 components. Which are vital to what your bottom line is. How much you will clear at closing table is the bottom line of any day at any giving time, and will only rely on the time it takes you to sell the house, and the price you would get for it.
Let’s cover on the paperwork you need to sell your house in Pensacola, or anywhere in the gulf coast. Or even nationwide.
Documents For Listing
CMA Report
Before 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.
Your preferred agent should help you with that, specially if you’re going to list your property with him/her. I will try to choose one before I even ask a random realtor. The reason why is because it will be awkward to ask a realtor, and then he/she find out that you listed the house with another agent.
Also it won’t serve you much. Going through a lot of agents before you do you research about the one you want to list your house with. It will be a waste of your time.
So search first. And then ask the one you feel confident with to do the CMA for your property. And this way my friend you can have the right start.
At Quality Properties Of Northwest Florida LLC, we will be glad to let you know what’s your property worth at no cost to you whatsoever. And even if you listed the property with an agent.
We take a pride in helping homeowners in Pensacola and surrounding areas. We also can give you an all fair cash offer for your house with no obligations whatsoever. At Quality Properties Of Northwest Florida LLC, you will arrive to the hassle free zone when selling your house to us.
Listing Contract
Your listing contract will give your agent the exclusive right to sell your house in Pensacola. Before agreeing to a listing, make sure you understand what is included and what isn’t.
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!
The realtor commission fee I have seen in Pensacola and surrounding cities is 5%-6%. This consider to be fair. anything is more than that. I will have to sat it’s too much.
What’s more important than the realtor commission fee. and how much do they charge is that they’re not on a sit it and forget it type a realtor. What I mean about that is they’re have to do a lot of hustle to get the most bang for you buck. It even more so in a slow real estate market.
We have seen a market shift at the time I’m writing this article, so it’s even more critical now to find the right agent. The right agent would care about your needs more than the commission he will earn for selling your house.
Everyone got needs. We do understand it vital for the realtor to make money for his/her financial survival. but a good ones will care more about their reputation than any amount of money they will earn from a commission. Why? Because everyone have to wake up in the morning and start all over again.
They said the marketing is the bloodline of your business. And I will add to that, you reputation is the the heart that pump that blood to the entire business.
Disclosures
When you want to sell you house in Pensacola. Or anywhere in the gulf coast. You must disclose any defect or problem with the house. When you want to sell your house. You will need to be disclosed to your potential buyers everything about the house.
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 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.
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.
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 Quality Properties Of Northwest Florida LLC, you won’t have to worry about an appraisal or the deal falling through.)
Inspection Report
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.
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.
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 Pensacola the traditional way.
That said, when you sell your house to Quality Properties Of Northwest Florida 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 Pensacola, let us provide you with a great offer! We’ll handle all of the details to make the sale a success!
