Paperwork & Steps Required for Selling a Home Without an Agent

Before you can consider trying to sell my house for cash in Colorado Springs or any other location in the United States, you will need to have all the proper paperwork ready. In addition, you will need to be able to prove that you are the owner and give the new buyers all the information that they need to feel comfortable buying directly from you. Don’t worry, though. We are here to help. Below, you will find all the paperwork that you need to sell your home, along with all the basic steps involved in this process.

Paperwork Needed

Although private investors and buyers may want to see specific information to suit their particular fancy, there is a normal set of records that you should have ready to sell your home. This list can vary depending on locality, though. Here is an example of some of the pieces of paperwork you should have ready.

1. Original sales contract.
2. A professional appraisal from when you purchased the home
3. Home repair and maintenance records.
4. Mortgage statement & payoff records.
5. Homeowners Insurance records.
6. Rental agreements (if relevant).
7. Property tax records.
8. Previous utility bills.
9. Manuals/warranties.
10. HOA documents.

 

Think of it like this. As somebody buying a home, you would want to ensure that you are buying directly from the owner. Not somebody who owes money to the mortgage financing company. At the same time, you will want to receive the keys with all the information you need handy. For this reason, make sure to include any sort of paperwork that will help the new owner feel right at home.

Steps for Selling Your Home

So, you are now confident that you have the paperwork ready to sell your home. Now it is time to plan out how you will sell the home. Without a real estate agent, you will need to take on greater levels of responsibility. Here are the basic steps involved in selling your home without a real estate agent.

1. Prepare Your Paperwork

In order to sell my house for cash in Colorado Springs or any other location in the United States, the first step of the process will always be to get all of your paperwork ready. At the bare minimum, have the paperwork listed above ready at your disposal. Keep in mind, though, that you may be asked for additional documents as you get closer to the sale.

2. Consider How to Market the Home

Unless you are experienced in selling high-ticket items like homes, you might have a little bit of trouble marketing your home. The idea here is to do much more than just put up a sign and wait for people to call you. List online on multiple platforms if you want to connect with a higher number of potential buyers. The newspaper will often have classified ads you can buy for real estate.

3. Invite Potential Buyers over for Showings

The hardest part of selling your home without an agent is often finding potential buyers. When you have crafted out a marketing plan that works, though, you will have interested people calling you. When they do, schedule a convenient time for them to come over and tour the home while you are around to guide them.

4. Have Paperwork Ready

When a potential buyer comes in to view the home, one of the things that they will need to see is all of the paperwork that we described above. This will help them feel comfortable that you are the owner, have finished mortgage payments, and that you are being transparent with them. If the buyer feels you are being deceptive in any manner, they will likely turn down the home and look elsewhere.

5. Prepare a Contract and Transfer the Titles

Once you have made the sale and have a contract ready with clear terms of how the buyer will handle the payment for the home, the last thing you will need to do is transfer over the title. If the buyer is paying for the home through a mortgage company, get in contact with them on how to transfer over the title, and your ownership, of the home.

Ready to Sell Your Home without an Agent?

If you have read the above information and are ready to sell my house for cash in Colorado Springs, then consider getting in contact with Sell My House to Smith. They can give you a quick cash offer and help you avoid waiting several months to get the full payment of your home. In addition, help you spend less time listing your home and meeting with potential buyers and move on with your life. A company like this is a good option for anybody who wants to sell their home quickly without a real estate agent.