One
of the most important steps you can make in selling
your home is to familiarize yourself with the required
legal contracts.
Get the required contracts now because someone may
want to make an offer on your home at the first
showing. A real estate agent will never show a house
to a potential buyer without having his/her briefcase
full of contracts.
If
you show your home to a buyer and he says, "Yes,
I love it. I want to make an offer" and you
don't have any contracts, you look unprepared to
the buyer. He may have concerns if this will be
a successful purchase or not.
A buyer will not have any contracts on them and
even if he/she does, you would feel better if you
provided the forms. It is your home, after all.
Get
Legal Forms Now!
Should you use Free Real Estate Contracts?
No,
you should not use free real estate contracts in
the sale of your home or any other legal transaction.
Free contracts are not state-specific. They are
written to be very broad non-specific. In most cases,
they do not satisfy the laws of your state and are
not valid in a real estate transaction.
lf
you use these contracts, you are taking a big risk
on using contracts that will not satisfy your state
laws. In addition to the Sales Contract, your state
may require additional documents such as a Disclosure
Form, Disclosure Statement, Lead-Based Paint Disclosure,
etc... It is a wiser decision to use only the forms
that have been drafted to comply with your state's
laws. We highly recommend US Legal Forms, Inc. as
your source of documents for a real estate transaction.
USLegalForms.com
is the leading publisher of State Specific legal
forms over the Internet. Their forms are written
by attorneys to satisfy the laws of your state.
Find
out which forms are required for your state.
Examples
of standardized real estate forms:
Free
Online Real Estate Forms
Contracts
from an office supply store
State-specific
Legal Forms
Make sure you have the right contracts for a real
estate sale in your state.
Every
state has different requirements and you don't want
to take any chances that your Sales Contract is
not the required real estate contract in your state.
Also, there are additional contracts that may be
required for your home such as Lead-Based Paint
Disclosure Form or Residential Disclosure Form.
Find
out which forms are required for your state.
USLegalForms.com Find out which forms
are
required for your state.
US
Legal Forms, Inc. is the leading publisher of
State Specific legal forms over the Internet. Whether
you are an attorney, small business or consumer,
USLF provides you fast results, at a reasonable
price, in an easy to understand format. Real estate
forms are drafted to comply with the laws of each
State. USLegalForms is also endorsed by Dave
Ramsey, Author of Financial Peace University.
USLegalForms.com
is a very user-friendly web site... just click on
the category of contracts you want to view (in this
case, Real Estate). Then click on your state and
it will return a listing and description of all
forms required to close a real estate deal in your
state. It really can't get any easier than this.
For
example, a "Home Sales Package" for California,
Georgia and Illinois includes the following forms:
Offer
to Purchase
Real
Estate Sales Contract
Residential
Disclosure Statement
Lead-Based
Paint Disclosure
EPA
Lead-Based Paint info Pamphlet.
Definitions, form explanations, and general information
about the real estate transaction Buy
Legal Forms Now!
Now
that you have all the correct forms and contracts
for selling your home, you need to select a Title
Company to perform the closing.
Important
factors in choosing a Title Company:
What
is the reputation of the title company? Ask your
friends, co-workers and neighbors who have had
recent real estate transactions if they can recommend
a company.
Look
at the professionalism of the title company or
escrow agent you are considering. They should
be knowledgeable, efficient, friendly, and confidential.
Ask a lot of questions when interviewing your
potential escrow closing agent. Ask about their
previous experience. Have they handled many FSBO
transactions? Are they experienced in handling
loan documents? Do they have experience in handling
possible title problems that may be found in the
title report?
Find
a title agent in a convenient location since you
will need to visit the escrow agent's office one
or more times to prove your identity, sign papers,
and deliver or pick up a check. Select an agent
with an office conveniently located near your
home or work so you can reach it during normal
business hours in just a few minutes.
Finally,
what are the fees of the Title Agent? You will
want to select the most reputable and professional
escrow or closing agent you can find, combined
with the one who also charges the most reasonable
fees.
Before you sign the contract...
When
you and the buyer come to an agreement on price,
closing date, inspections, etc..., have
your real estate attorney look at the terms between
you and the seller before you sign the contract.
If you don't have a real estate attorney, contact
the Title Agency which will be closing on the home.
They should have a staff of real estate attorneys
who can look over your contract for a very reasonable
fee.
(Misspelled
words: reel estat contacts, realestate, contracs, legel
forms, fbso, fosb, fobs, estimat, estamate, house valu,
stimate, esimate, etimate, vslue, house 4 sale, for sale
buy owner, fizbo, fisbo)
10Realty.com - Real Estate For Sale by Owner web site. Advertise your FSBO home online! List your House, Condo, Land, Waterfront, Lakefront
or Lake View Home, Oceanfront & Beach House, Mobile Home, Duplex or
Commercial property. Create a For Sale by Owner Listing today!
Please
contact
us if you have questions or comments.