Need to sell your house in Floresville? Things will move along much more swiftly and smoothly if you are prepared from the start by organizing all of your documents.
Paperwork is a given during legal transactions and it’s no different when you’re selling your house in Floresville. You’ll want to have the following 6 documents in hand, which are ordinarily required in the home selling process before you put your property on the market.
Disclose! Disclose! Disclose!
A property disclosure will detail any known defects or malfunctions on the home. Failure to do so can lead to legal entanglements and expenses when selling your house in Floresville.
The disclosure is part of the listing packet and will be a form that your listing agent gives you to fill out. It has to be filled out by the owner of the property without help from the agent. It is filled out to the best of the seller’s knowledge on many facets of the property and in Texas is about 6 pages long.
It is always advised to be truthful when filling one out. You don’t want a buyer to say that you knowingly hid an issue from anyone contemplating buying the property.
Contract 
For a legally binding contract and the ability to settle any disputes after closing, be certain it is signed by both parties. Details on this document for your Floresville house need to include, the closing date, price, date of occupancy. Additionally, add any conditions for termination as well as inspection dates. Out of state buyers necessitate your being aware that a uniform Commercial Code governs commercial transactions that cross state lines.
The contract is the start of the actual sale. It is effective when you have an offer that you have accepted.
Third-Party Financing Clause 
When you need to sell, you could consider getting a mortgage on your house as another source of financing for your buyer in Floresville. Should you do so, your third party financing clause or financing addendum should be attached. In the event your buyer’s traditional mortgage application for the remainder of the financing is denied, you’re protected.
Title
The deed to your property designates the legal ownership and must be presented to the buyer for careful review. This process is done by the tile company in Texas. Their job is to research the title and transfer clear title to the new owner in the closing process. At that point, the deed for your house in Floresville is transferred after the sale to the name of the new owner. The title company files the new deed after funding.
Occupancy Addendum
Timing doesn’t always work out and you’ll want to have n place document should detail responsibilities for any rent, utilities or additional costs or repairs, as insurance policies usually do not cover this period. Should you need to stay in the house after the closing date you will need an contract agreement to do so. Conversely, should the buyer need to be in place prior to the completion of the sale of your house in Floresville, this will require an agreement to do so. This scenario is never advised is it can be avoided.
Settlement Statement
HUD Laws now require very specific details of the transaction to be outlined in a closing or settlement statement. At least three days prior to the closing, the buyer has the right to review this statement, in order that consumers are aware of just what they’re being charged in fees at the closing and in financing interest for the term of the loan. Strict adherence to these laws will help you to avoid legal nightmares in the future. Be prepared at the closing, the escrow officer will request you to show your proof of identity. The documents should be examined carefully before being provided to the buyer. The broker should verify the information and offer any input should they find errors or information lacking in the documents.
Ready to close on the deal? Gather the 6 documents you need when selling your house in Floresville and give Faye Y Taylor with StepStone Realty a call at (210) 216-7722 or send us a message at any time!