Are you ready to sell your home? There’s a lot of paperwork involved, but it’s actually not as much as you might think. In fact, you probably have or can easily obtain a lot of the documents you need to put your home on the market and successfully sell it. Here’s a list of many of the documents you may need to sell your home.


Prior to Listing Your Home/Meeting with a Real Estate Agent

These are the documents you want to go ahead and gather now before you even meet with a real estate agent or start the for sale by owner process. You don’t necessarily need to have them right away, but it will help your agent get an idea of your property and your financial investment in it. First, find all of your documents from when you purchased the property and your latest mortgage statement. This will show the agent what you paid and how much you still have to pay on your mortgage. Having the original appraisal can also help.


You’ll also want to have any information about any homeowner’s association, major updates you’ve made, and any repairs that have been done. It’s also helpful to have documents related to your homeowner’s insurance and any warranties you have.


Paperwork You’ll Need to Fill Out

Next, your real estate agent will have some documents you need to fill out. One of the most important of these is the list of mandatory disclosures. This long list of items are required to sell your home, and it’s important that you truthfully answer every question. You will need to disclose foundation issues, roof problems, and much more. Lying on this document can have a number of legal repercussions, including causing any potential sell to be canceled if the buyer discovers the document was falsified.


Your agent will also have you sign a listing agreement. This agreement says that you agree that your agent will be the exclusive listing agent for your home and that you won’t work with anyone else until or unless your business relationship with your current agent ends. Your agent is also likely to provide you with their marketing plan and with a net sheet that shows the list price, estimated expenses, and your net walkaway amount.


Depending on where you live, there may be additional documents you need to fill out, sign, or obtain from a professional. These include a preliminary title report, a pre-inspection report, and other state-required paperwork. Your agent will be able to walk you through the process of obtaining these documents.


After an Offer Is Made

Once a potential buyer has made an offer, you will have several new documents to consider. The first is the actual purchase offer. Your real estate agent will go over this offer with you, and you have the option of either signing the document or writing up a counteroffer that will be presented to the buyer. The two of you can go back and forth any number of times until an agreement is made or until one of you declines to counteroffer.


If you accept the offer, you’ll receive a final purchase and sale agreement. You’ll need to sign this document in several places. Once you do, the sale will become pending, although it’s not yet finalized.


Prior to Closing

Before you can complete the transaction, you’ll need both an appraisal report and a home inspection report. There are some cases where these documents aren’t necessarily needed, such as when the home is being sold as-is, but you’ll generally need both. The buyer will hire and pay for the inspection, while their lender generally arranges the appraisal.


Documents Needed for Closing

Once the appraisal and inspection have been completed and accepted, the buyer has their financing completed, and any required repairs are made, you’re clear to proceed to closing. You likely won’t need to actually take any documents to closing—everything should already be turned in and completed. The title company will often take care of gathering the needed tax information and payoff information, although you may need to contact your mortgage company if there are any issues.


You will receive a number of items during this meeting. First, the title company will have you sign the final documents to complete the sell. They will provide you with a packet of documents, including your settlement sheet that indicates all of the costs involved in the transaction and your final payment. These documents will officially transfer ownership of your property to the buyer and conclude the transaction.


Your Real Estate Agent is a Great Resource

These are the most common documents you need to sell your home, but depending on where you live and the exact circumstances of the sale and the state of the property, you may need additional paperwork. Your real estate agent is there to help you gather the right documents, so don’t hesitate to ask any questions you may have.  If this process sounds daunting and giving you anxiety of where to begin, you can sell your house direct to Ryan’s Buying in seven days or more!:)