Are you planning to sell your Milwaukee home soon? Having all the necessary documents is crucial if you want to sell a house fast in Milwaukee. Whether you’re a first-time home seller or have experience in real estate transactions, understanding the key documents required can streamline the process and ensure a smooth and swift home sale. Here’s a list of essential paperwork you’ll need to sell your house fast in Milwaukee.
Original Sales Contract
The original sales contract is the agreement you got when you bought the house. It has all the details about the sale, like who owned it before you and what conditions the sale had. It also mentions any essential facts about the house and the price you bought it for.
Homeowners Insurance Papers
You need to tell the buyer about any repairs or damage you did to the house before selling the property. Show them a report of any insurance claims you made since owning the house. This insurance document is proof that you have home insurance, and it will also help the buyer know how much they will need to pay for insurance.
Home Appraisal and Inspection Records
An appraisal tells you how much your house is worth. Buyers need to have these records to get a loan. You’ll need an up-to-date home appraisal when you sell your home. The buyer may also want to see the old one and any updates.
Preliminary Title Search Document
A title search document is like a checkup for your house’s legal history. It ensures there are no problems with the property. Having this document beforehand is essential to avoid any potential issues later on.
Certificate of Occupancy
Some municipalities in Milwaukee may require a certificate of occupancy before selling a residential property. A certificate of occupancy is a crucial document that proves a building or structure is safe to inhabit.
This legal document typically includes the property address and owner’s name and provides three key pieces of information. First, it describes the specific legal use and type of the property. Second, it verifies that the property has been constructed in compliance with the relevant building codes and regulations. Finally, it confirms that the property is suitable for occupancy, ensuring the occupants’ health and safety are not at risk.
Mortgage Payoff Statement
If you still owe your mortgage, you must obtain a mortgage payoff statement from your lender. This document drafts the remaining balance on your mortgage, including any accrued interest and fees. Providing this statement ensures a smooth transfer of ownership to the buyer.
Final Purchase and Sale Agreement
This document serves as the final agreement between the buyer and seller. It includes the price details and agreed terms and conditions.
Apart from the above-mentioned documents, you’ll need to gather various closing documents, including the settlement statement, deed, and any additional paperwork required by the title company or closing agent. Being organized and prepared for the closing process can help expedite the final steps of the sale. If you find it difficult to manage all the paperwork, you can consider selling your property to one of the top cash home buyers in Milwaukee. If you want to sell a property with title issues and code violations, contact Sell House Fast MKE. We buy houses in Milwaukee for a fair price in its present condition within two weeks.