The legal process of selling a house can be confusing, especially if you’re doing it for the first time. In this blog post, we’ll help you understand the basics of selling a house, from start to finish.
The first (and often most important) step in selling your house is hiring a real estate agent. A good agent will help you determine the right price for your house, list it on the MLS, and handle all of the paperwork and negotiations with buyers.
Once you have an offer from a buyer, you’ll need to have a home inspection performed. This is to make sure that the house is in good condition and there are no major repairs that need to be made.
If the home inspection goes well, the next step is to move on to the appraisal. The appraisal is to make sure that the price you’re selling the house for is fair market value.
Once the appraisal is complete, it’s time to start working on the closing documents. The closing documents include the purchase agreement, loan documents, and other paperwork that needs to be signed by both the buyer and the seller.
The last step in the process is the closing itself. This is when the buyer pays for the house and the deed is transferred from the seller to the buyer.
Selling a house can be a complicated process, but understanding the basics will help you get through it with as little stress as possible.
