Offer Express: Title issues in a home that can derail the closing of a deal, Images, 06-27-22

 

source https://offerexpresss.blogspot.com/2022/06/offer-express-title-issues-in-home-that.html

source https://offerexpresss.blogspot.com/2022/06/offer-express-title-issues-in-home-that_27.html

Offer Express busts some common misconceptions about home cash buyers, images, 27-06-22

 

source https://offerexpresss.blogspot.com/2022/06/offer-express-busts-some-common.html

source https://offerexpresss.blogspot.com/2022/06/offer-express-busts-some-common_27.html

Offer Express talks about selling a house during a divorce, images, 27-06-22

 

source https://offerexpresss.blogspot.com/2022/06/offer-express-talks-about-selling-house.html

source https://offerexpresss.blogspot.com/2022/06/offer-express-talks-about-selling-house_27.html

Offer Express: Title issues in a home that can derail the closing of a deal, Images, 06-27-22

 

source https://offerexpresss.blogspot.com/2022/06/offer-express-title-issues-in-home-that.html

Offer Express busts some common misconceptions about home cash buyers, images, 27-06-22

 

source https://offerexpresss.blogspot.com/2022/06/offer-express-busts-some-common.html

Offer Express talks about selling a house during a divorce, images, 27-06-22

 

source https://offerexpresss.blogspot.com/2022/06/offer-express-talks-about-selling-house.html

Offer Express: Title issues in a home that can derail the closing of a deal, Images, 06-27-22

 

Offer Express busts some common misconceptions about home cash buyers, images, 27-06-22

 

Offer Express talks about selling a house during a divorce, images, 27-06-22

 

The FSBO documents that home sellers must have before listing a house

 Offer Express: 7 must-have FSBO documents before you list your house on the market

Gahanna, United States - /Offer Express, LTD/

5 FSBO documents you must have before listing

Selling a house is hard. And the associated paperwork is one of the most challenging aspects of this task. Poor paperwork before, during, or after a sale can have serious legal and financial implications for the owner to the extent of a failed sale agreement. Offer Express, a premier real estate solutions company in Ohio, shares a comprehensive list of paperwork home sellers must have before listing the house. 

1. Comparative market analysis (CMA) is a report that shares an estimate of a home’s market value and helps avoid a costly pricing mistake. This report includes an evaluation of the neighborhood, details about the subject house; 3-5 comparable homes in the area recently sold; adjusted differences between the subject house and the similar dwellings; andthe sold price per square foot after adjustments.

This information helps sellers set listing prices and assists buyers make competitive offers. Most real estate agents and brokers use software to generate comprehensive CMA reports. Home sellers can create their own by using a spreadsheet to keep track of their research or using an online home-price tool offered by one of the real estate listing websites.

2. Seller’s net sheet - The seller’s net sheet is a simple worksheet that helps property owners with a reasonable estimate of closing costs and net proceeds from the sale of their property. This sheet will evolve as the sale circumstances change. This document can include real estate commission, closing costs, administrative fees, prepaid expenses, HOA fees, mortgage payoff, and marketing/advertising costs.

3. A mortgage payoff statement shows the payoff amount that a home seller needs to pay to satisfy the mortgage loan in full. The payoff amount isn't just the outstanding balance but also encompasses any interest owed and potential fees the lender might charge. This document is beneficial as, at the time of mortgage payment, the title company will ensure the money from the buyer gets applied to the mortgage.

4. Preliminary title report - Home sellers can acquire a title company's preliminary information. This report helps identify any outstanding title issues with a home — things like liens, back taxes, or other restrictions that could jeopardize a sale.

5. Certificate of compliance - A certificate of compliance is a legal document that confirms that a parcel of land exists and complies with any state and local subdivision laws. This can be acquired from a local county or municipality. If a property does not comply with local and state laws, a conditional certificate of compliance is needed until the problem is resolved.

6. Property survey - This document shows the legal borders of the property, buildings, improvements, and the location of any easements. This is helpful when the boundaries on the land are not obvious, and if there are any issues, the home seller can fix these before listing the property on the market.

7. Original sales contract - This document shows the chain of ownership — from the previous owner to the current owner and then the buyer. It details the last price sale and disclosures made by the previous seller.

 

Why Offer Express?

A premium real estate solutions company, Offer Express buys houses and wholesale properties and partners with local agents, offers investment opportunities to money lenders, and sells renovated and ready-to-move-in homes. With its abundant experience in all types of real estate transactions, Offer Express is an experienced and resourceful company offering hassle-free cash deals. 

If you are searching for “Sell my house fast Columbus OH” on Google, your search is successful. Call (614) 820-5777 to know more about the real estate services at Offer Express.

source https://offerexpresss.blogspot.com/2022/06/the-fsbo-documents-that-home-sellers.html

source https://offerexpresss.blogspot.com/2022/06/the-fsbo-documents-that-home-sellers_2.html

The FSBO paperwork that is needed while the house is on the market

 Which FSBO documents should home sellers have while their house is on the market?

Gahanna, United States - /Offer Express, LTD/

FSBO paperwork while your house is on the market

All those marketing efforts have paid off, and you have a great offer for your home. There is another pile of paperwork that FSBO sellers must gather to make that deal successful. Offer Express, a premier real estate solutions company in Ohio, shares a list of these crucial documents necessary for the sale.

1. Purchase offer - This document contains the buyer’s offer and defines the terms of the deal. Negotiation on price and counteroffers will be amended on the purchase offer. All the information collected before listing the house, such as property boundaries and specifications, will be documented here. This document is the final purpose of the whole project. It helps to have some purchase offer templates if the buyer also has no agent to help with it.

2. Purchase/sale agreement is a final and binding contract between the buyer and the seller. It includes the final sale price, the terms of the deal, the closing date, the earnest money amount, any contingencies included in the agreement, and other sale elements. Home sellers must review it carefully and ensure that all the elements in the purchase offer are also present in the agreement. Taking an attorney’s help is recommended to draft and review it.

3. Seller disclosure - This form discloses all the material defects in a property, such as known defects, easements, environmental hazards like lead or toxins, and floodplain or wetland classification. The seller disclosure laws vary from state to state, and sellers must adhere to these. Even in states with no disclosure laws, a buyer may still ask for disclosure.

4. Home inspection report - This report is a written document a home inspector delivers after the home inspection is completed. It ideally includes images of issues that need attention, descriptions of the problems and the potential impact, a summary to highlight the most critical issues, and an HTML and PDF version. Any issues that can impact the value of a home are detailed in this document. This is important as most buyers would like to have the property inspected, and if issues are uncovered later, it means everyone goes back to the negotiation table. A seller may or may not share the cost of this document creation with the buyer. Usually, this is a buyer’s responsibility.

5. Appraisal report - This document shows the fair market value of a house and includes details and photos of the property, similar properties compared to it (often called “comps”), and the process the appraiser used to arrive at at at a final number. This report is crucial for the buyer as a lender will approve a loan basis this report. Buyers will usually arrange for this report themselves.

6. HOA documents - Homeowners’ Association or HOA documents lay out the regulations and dues potential buyers will be responsible for. The rules may include all the association rules, any amendments they’ve made, and the financial documents. 

Why Offer Express?

A premium real estate solutions company, Offer Express buys houses and wholesale properties and partners with local agents, offers investment opportunities to money lenders, and sells renovated and ready-to-move-in homes. With its abundant experience in all types of real estate transactions, Offer Express is an experienced and resourceful company offering hassle-free cash deals. 

If you are searching for “Sell my house fast Columbus OH” on Google, your search is successful. Call (614) 820-5777 to know more about the real estate services at Offer Express.

source https://offerexpresss.blogspot.com/2022/06/the-fsbo-paperwork-that-is-needed-while.html

source https://offerexpresss.blogspot.com/2022/06/the-fsbo-paperwork-that-is-needed-while_2.html

The FSBO documents that are needed while closing a deal

Must-have FSBO documents that home sellers need when closing the deal

Gahanna, United States - /Offer Express, LTD/

FSBO paperwork home sellers must-have during the closing

Now that the purchase agreement is made and the sale is almost made, a home seller needs to have certain documents to close the deal. Offer Express, a premier real estate solutions company in Ohio, lists the necessary documents for a smooth closing.

1. Affidavit of the title - This is a legalized and notarized statement that offers certainty about the chain of title, protecting the buyers from inheriting the legal issues of the home seller. It is provided by the seller attesting to the status of and specific facts about a piece of property, including ownership and any legal issues.

2. Deed - This physical document legally transfers the property ownership from the seller to the buyer. This document must be notarized and filed with the appropriate authority. A buyer and seller will both get a copy of the deed.

3. Closing statement - Also called a settlement sheet, a closing statement is the final statement of all the costs and credits of a real estate transaction. It allows the seller to cross-check that every critical detail about the transaction is covered in the document. This document also happens to be the receipt of the entire transaction. Sellers can employ a title company or a closing/real estate agent to fill out and provide the statement.

4. Property tax records include the local tax data related to the property, such as the tax rate, property assessment value, and tax exemptions. It helps sellers gauge how much tax they owe and what the buyer will need to pay. This document is readily available through the county assessor’s office or the state’s revenue department.

5. 1099-S tax form - This tax form, required by law, mentions any capital gains taxes a seller will owe on the home sale. The seller needs to file this form with the IRS after downloading it from their website unless exempted. This form isn’t required if a primary residence is sold with less than $250,000 profit or if the home seller is single or $500,000 if married.

Selling a house FSBO is a challenge, and every state has its unique requirements. FSBO sales require a homeowner to manage many tasks for a successful sale. They need to market, stage, repair, negotiate, and keep track of all the massive paperwork; they must expend a lot of time and money. For a hassle-free sale, home sellers can instead reach out to experienced and reliable cash buyers such as Offer Express for a seamless and swift sale at a fair price. 

Why Offer Express?

A premium real estate solutions company, Offer Express buys houses and wholesale properties and partners with local agents, offers investment opportunities to money lenders, and sells renovated and ready-to-move-in homes. With its abundant experience in all types of real estate transactions, Offer Express is an experienced and resourceful company offering hassle-free cash deals. 

If you are searching for “Sell my house fast Columbus OH” on Google, your search is successful. Call (614) 820-5777 to know more about the real estate services at Offer Express. 

source https://offerexpresss.blogspot.com/2022/06/the-fsbo-documents-that-are-needed.html

source https://offerexpresss.blogspot.com/2022/06/the-fsbo-documents-that-are-needed_2.html

The FSBO documents that home sellers must have before listing a house

 Offer Express: 7 must-have FSBO documents before you list your house on the market

Gahanna, United States - /Offer Express, LTD/

5 FSBO documents you must have before listing

Selling a house is hard. And the associated paperwork is one of the most challenging aspects of this task. Poor paperwork before, during, or after a sale can have serious legal and financial implications for the owner to the extent of a failed sale agreement. Offer Express, a premier real estate solutions company in Ohio, shares a comprehensive list of paperwork home sellers must have before listing the house. 

1. Comparative market analysis (CMA) is a report that shares an estimate of a home’s market value and helps avoid a costly pricing mistake. This report includes an evaluation of the neighborhood, details about the subject house; 3-5 comparable homes in the area recently sold; adjusted differences between the subject house and the similar dwellings; andthe sold price per square foot after adjustments.

This information helps sellers set listing prices and assists buyers make competitive offers. Most real estate agents and brokers use software to generate comprehensive CMA reports. Home sellers can create their own by using a spreadsheet to keep track of their research or using an online home-price tool offered by one of the real estate listing websites.

2. Seller’s net sheet - The seller’s net sheet is a simple worksheet that helps property owners with a reasonable estimate of closing costs and net proceeds from the sale of their property. This sheet will evolve as the sale circumstances change. This document can include real estate commission, closing costs, administrative fees, prepaid expenses, HOA fees, mortgage payoff, and marketing/advertising costs.

3. A mortgage payoff statement shows the payoff amount that a home seller needs to pay to satisfy the mortgage loan in full. The payoff amount isn't just the outstanding balance but also encompasses any interest owed and potential fees the lender might charge. This document is beneficial as, at the time of mortgage payment, the title company will ensure the money from the buyer gets applied to the mortgage.

4. Preliminary title report - Home sellers can acquire a title company's preliminary information. This report helps identify any outstanding title issues with a home — things like liens, back taxes, or other restrictions that could jeopardize a sale.

5. Certificate of compliance - A certificate of compliance is a legal document that confirms that a parcel of land exists and complies with any state and local subdivision laws. This can be acquired from a local county or municipality. If a property does not comply with local and state laws, a conditional certificate of compliance is needed until the problem is resolved.

6. Property survey - This document shows the legal borders of the property, buildings, improvements, and the location of any easements. This is helpful when the boundaries on the land are not obvious, and if there are any issues, the home seller can fix these before listing the property on the market.

7. Original sales contract - This document shows the chain of ownership — from the previous owner to the current owner and then the buyer. It details the last price sale and disclosures made by the previous seller.

 

Why Offer Express?

A premium real estate solutions company, Offer Express buys houses and wholesale properties and partners with local agents, offers investment opportunities to money lenders, and sells renovated and ready-to-move-in homes. With its abundant experience in all types of real estate transactions, Offer Express is an experienced and resourceful company offering hassle-free cash deals. 

If you are searching for “Sell my house fast Columbus OH” on Google, your search is successful. Call (614) 820-5777 to know more about the real estate services at Offer Express.

source https://offerexpresss.blogspot.com/2022/06/the-fsbo-documents-that-home-sellers.html

The FSBO paperwork that is needed while the house is on the market

 Which FSBO documents should home sellers have while their house is on the market?

Gahanna, United States - /Offer Express, LTD/

FSBO paperwork while your house is on the market

All those marketing efforts have paid off, and you have a great offer for your home. There is another pile of paperwork that FSBO sellers must gather to make that deal successful. Offer Express, a premier real estate solutions company in Ohio, shares a list of these crucial documents necessary for the sale.

1. Purchase offer - This document contains the buyer’s offer and defines the terms of the deal. Negotiation on price and counteroffers will be amended on the purchase offer. All the information collected before listing the house, such as property boundaries and specifications, will be documented here. This document is the final purpose of the whole project. It helps to have some purchase offer templates if the buyer also has no agent to help with it.

2. Purchase/sale agreement is a final and binding contract between the buyer and the seller. It includes the final sale price, the terms of the deal, the closing date, the earnest money amount, any contingencies included in the agreement, and other sale elements. Home sellers must review it carefully and ensure that all the elements in the purchase offer are also present in the agreement. Taking an attorney’s help is recommended to draft and review it.

3. Seller disclosure - This form discloses all the material defects in a property, such as known defects, easements, environmental hazards like lead or toxins, and floodplain or wetland classification. The seller disclosure laws vary from state to state, and sellers must adhere to these. Even in states with no disclosure laws, a buyer may still ask for disclosure.

4. Home inspection report - This report is a written document a home inspector delivers after the home inspection is completed. It ideally includes images of issues that need attention, descriptions of the problems and the potential impact, a summary to highlight the most critical issues, and an HTML and PDF version. Any issues that can impact the value of a home are detailed in this document. This is important as most buyers would like to have the property inspected, and if issues are uncovered later, it means everyone goes back to the negotiation table. A seller may or may not share the cost of this document creation with the buyer. Usually, this is a buyer’s responsibility.

5. Appraisal report - This document shows the fair market value of a house and includes details and photos of the property, similar properties compared to it (often called “comps”), and the process the appraiser used to arrive at at at a final number. This report is crucial for the buyer as a lender will approve a loan basis this report. Buyers will usually arrange for this report themselves.

6. HOA documents - Homeowners’ Association or HOA documents lay out the regulations and dues potential buyers will be responsible for. The rules may include all the association rules, any amendments they’ve made, and the financial documents. 

Why Offer Express?

A premium real estate solutions company, Offer Express buys houses and wholesale properties and partners with local agents, offers investment opportunities to money lenders, and sells renovated and ready-to-move-in homes. With its abundant experience in all types of real estate transactions, Offer Express is an experienced and resourceful company offering hassle-free cash deals. 

If you are searching for “Sell my house fast Columbus OH” on Google, your search is successful. Call (614) 820-5777 to know more about the real estate services at Offer Express.

source https://offerexpresss.blogspot.com/2022/06/the-fsbo-paperwork-that-is-needed-while.html

The FSBO documents that are needed while closing a deal

Must-have FSBO documents that home sellers need when closing the deal

Gahanna, United States - /Offer Express, LTD/

FSBO paperwork home sellers must-have during the closing

Now that the purchase agreement is made and the sale is almost made, a home seller needs to have certain documents to close the deal. Offer Express, a premier real estate solutions company in Ohio, lists the necessary documents for a smooth closing.

1. Affidavit of the title - This is a legalized and notarized statement that offers certainty about the chain of title, protecting the buyers from inheriting the legal issues of the home seller. It is provided by the seller attesting to the status of and specific facts about a piece of property, including ownership and any legal issues.

2. Deed - This physical document legally transfers the property ownership from the seller to the buyer. This document must be notarized and filed with the appropriate authority. A buyer and seller will both get a copy of the deed.

3. Closing statement - Also called a settlement sheet, a closing statement is the final statement of all the costs and credits of a real estate transaction. It allows the seller to cross-check that every critical detail about the transaction is covered in the document. This document also happens to be the receipt of the entire transaction. Sellers can employ a title company or a closing/real estate agent to fill out and provide the statement.

4. Property tax records include the local tax data related to the property, such as the tax rate, property assessment value, and tax exemptions. It helps sellers gauge how much tax they owe and what the buyer will need to pay. This document is readily available through the county assessor’s office or the state’s revenue department.

5. 1099-S tax form - This tax form, required by law, mentions any capital gains taxes a seller will owe on the home sale. The seller needs to file this form with the IRS after downloading it from their website unless exempted. This form isn’t required if a primary residence is sold with less than $250,000 profit or if the home seller is single or $500,000 if married.

Selling a house FSBO is a challenge, and every state has its unique requirements. FSBO sales require a homeowner to manage many tasks for a successful sale. They need to market, stage, repair, negotiate, and keep track of all the massive paperwork; they must expend a lot of time and money. For a hassle-free sale, home sellers can instead reach out to experienced and reliable cash buyers such as Offer Express for a seamless and swift sale at a fair price. 

Why Offer Express?

A premium real estate solutions company, Offer Express buys houses and wholesale properties and partners with local agents, offers investment opportunities to money lenders, and sells renovated and ready-to-move-in homes. With its abundant experience in all types of real estate transactions, Offer Express is an experienced and resourceful company offering hassle-free cash deals. 

If you are searching for “Sell my house fast Columbus OH” on Google, your search is successful. Call (614) 820-5777 to know more about the real estate services at Offer Express. 

source https://offerexpresss.blogspot.com/2022/06/the-fsbo-documents-that-are-needed.html

The FSBO documents that home sellers must have before listing a house

 Offer Express: 7 must-have FSBO documents before you list your house on the market

Gahanna, United States - /Offer Express, LTD/

5 FSBO documents you must have before listing

Selling a house is hard. And the associated paperwork is one of the most challenging aspects of this task. Poor paperwork before, during, or after a sale can have serious legal and financial implications for the owner to the extent of a failed sale agreement. Offer Express, a premier real estate solutions company in Ohio, shares a comprehensive list of paperwork home sellers must have before listing the house. 

1. Comparative market analysis (CMA) is a report that shares an estimate of a home’s market value and helps avoid a costly pricing mistake. This report includes an evaluation of the neighborhood, details about the subject house; 3-5 comparable homes in the area recently sold; adjusted differences between the subject house and the similar dwellings; andthe sold price per square foot after adjustments.

This information helps sellers set listing prices and assists buyers make competitive offers. Most real estate agents and brokers use software to generate comprehensive CMA reports. Home sellers can create their own by using a spreadsheet to keep track of their research or using an online home-price tool offered by one of the real estate listing websites.

2. Seller’s net sheet - The seller’s net sheet is a simple worksheet that helps property owners with a reasonable estimate of closing costs and net proceeds from the sale of their property. This sheet will evolve as the sale circumstances change. This document can include real estate commission, closing costs, administrative fees, prepaid expenses, HOA fees, mortgage payoff, and marketing/advertising costs.

3. A mortgage payoff statement shows the payoff amount that a home seller needs to pay to satisfy the mortgage loan in full. The payoff amount isn't just the outstanding balance but also encompasses any interest owed and potential fees the lender might charge. This document is beneficial as, at the time of mortgage payment, the title company will ensure the money from the buyer gets applied to the mortgage.

4. Preliminary title report - Home sellers can acquire a title company's preliminary information. This report helps identify any outstanding title issues with a home — things like liens, back taxes, or other restrictions that could jeopardize a sale.

5. Certificate of compliance - A certificate of compliance is a legal document that confirms that a parcel of land exists and complies with any state and local subdivision laws. This can be acquired from a local county or municipality. If a property does not comply with local and state laws, a conditional certificate of compliance is needed until the problem is resolved.

6. Property survey - This document shows the legal borders of the property, buildings, improvements, and the location of any easements. This is helpful when the boundaries on the land are not obvious, and if there are any issues, the home seller can fix these before listing the property on the market.

7. Original sales contract - This document shows the chain of ownership — from the previous owner to the current owner and then the buyer. It details the last price sale and disclosures made by the previous seller.

 

Why Offer Express?

A premium real estate solutions company, Offer Express buys houses and wholesale properties and partners with local agents, offers investment opportunities to money lenders, and sells renovated and ready-to-move-in homes. With its abundant experience in all types of real estate transactions, Offer Express is an experienced and resourceful company offering hassle-free cash deals. 

If you are searching for “Sell my house fast Columbus OH” on Google, your search is successful. Call (614) 820-5777 to know more about the real estate services at Offer Express.