7 Documents You Need When Selling Your House in Sacramento
Looking to sell your house in Sacramento? When working with experienced cash buyers like us, the process moves significantly faster and more efficiently when you have all your documentation prepared from the start. DarrenBuyshomescash. com has a unique buying approach. We are experienced cash investors. Darren, is a licensed Real Estate Broker with over 25 years in the business. We abide by the highest code of ethics and morals in the industry. We are like the no surprise guys. The price we quote is the price we pay. We don’t get you into a contract and then try to beat you up to lower the price. We have one visit and that is it! We don’t inspect we preview the home. That takes 20 minutes tops. We agree on a win-win price and terms. That same day we open escrow and then close escrow quickly-10 Days!
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Paperwork is an inevitable part of real estate transactions in Sacramento. Before proceeding with your property sale, gather these 6 essential documents typically required in the home selling process. Keep in mind, we specialize in buying challenging properties including squatter homes, tenant-occupied properties, fixers, mobile homes, homes in probate, and properties involved in inheritance or divorce situations. Our primary service areas include Sacramento, Florin, Del Paso Heights, Oak Park, Citrus Heights and North Highlands, with particular expertise in homes built in the 1950s and 1960s.
Contract
For a legally binding agreement and protection against post-closing disputes, both parties must sign a comprehensive contract. This document for your Sacramento property should include the closing date, purchase price, occupancy date, termination conditions, and inspection timelines. As a veteran-owned business operating in Sacramento since 1992, we ensure all contracts are properly executed, especially when dealing with out-of-state transactions where the Uniform Commercial Code applies.
Disclose! Disclose! Disclose!
A property disclosure document outlines any known defects or malfunctions in the home. As a licensed Real Estate Broker in California, we’re held to the highest standards in the industry and emphasize the importance of full disclosure when selling your Sacramento house. I had a friend who sold his home For Sale By Owner. He was cheap minded and did not want to pay realtor fees. He deliberately failed to disclose some very important structural damages. After the closing he was sued for over $50,000. So when in doubt-DISCLOSE.
Title
The deed to your property establishes legal ownership and must be provided for thorough review. After the sale of your Sacramento house, the deed must be properly transferred to the new owner’s name. With our 30+ years of experience in real estate, we handle this process efficiently, especially for complicated situations like probate or inherited properties. I typically use Orange Coast Title and have done so for 15 years. Click the link to learn more https://octitle.com/
Occupancy Rider
Timing doesn’t always align perfectly. If you need to remain in your home after closing, you’ll need a post-occupancy agreement. It is called a rent back agreement. You negotiate that you will payback rent until you move out. Typically, the rent amount will be equal to the new buys mortagage. Conversely, if buyers need to move in before closing on your Sacramento house, a pre-occupancy agreement is necessary. These documents should clearly outline responsibilities for rent, utilities, additional costs, and repairs, as insurance policies typically don’t cover these transition periods.
Third-Party Financing Clause
When selling your Sacramento house, you might consider offering a mortgage as an additional financing option for your buyer. In this case, attach a third-party financing clause or financing addendum to protect yourself if your buyer’s traditional mortgage application for the remaining financing is denied. As cash buyers with extensive experience since 1992, we eliminate these complications by offering straightforward cash transactions.
Promise
The promissory note from the buyer is a signed and dated contract clearly outlining the rights and obligations of all parties. This is particularly crucial for non-conventional purchases where the seller acts as the financier and the property serves as loan security. The document should specify the payment amount, due date, or installment schedule to be paid to the holder or payee. Our A+ BBB rating for over 6 years reflects our commitment to transparent, ethical transactions.
Settlement Statement
HUD laws require detailed transaction information in a closing or settlement statement. Buyers have the right to review this document at least three day before closing, ensuring transparency about closing fees and financing interest for the loan term. Strict compliance with these regulations will help prevent future legal complications. Be prepared to show identification at closing. All documents should be carefully examined before providing them to the buyer, and your broker should verify the information for completeness and accuracy. Sellers in Sacramento, Florin, Del Paso Heights, Oak Park, Citrus Heights and North Highlands we love to buy homes near you fast for cash. Sell your home to darrenbuyshomescash today and close in 10 days
Ready to move forward with your sale? Gather these 6 essential documents for selling your house in Sacramento and contact Nerradscali Corp at (916) 300-7962 or send us a message anytime! As a veteran-owned business with over 30 years of experience, we’re especially skilled with handling challenging properties including tenant-occupied homes, evictions, squatter situations, and probate cases. We hire the best eviction and probate attorneys to expedite these complex processes, offering solutions that traditional realtors cannot.
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www.darrenbuyssacramentohomes.com
