ADDITIONAL DOCUMENTS
2 FORMS OF ID If you have a mortgage on your home, you’ll need documentation of exactly how much you still owe and any payoff fees. If you’ve already paid your mortgage in full, you’ll need documentation proving that.
COPIES OF RELEVANT WILLS, TRUSTS OR POWER OF ATTORNEY LETTERS If you are selling an inherited property, you’ll need copies of all legal documents that passed ownership to you.
HOA FORMS AND GUIDELINES If your home is part of an HOA, you’ll need to give the buyer documentation on the covenants, codes, restrictions, financial history, required fees, and approval process.
RELEVANT AFFIDAVITS (NAME AFFIDAVITS, NON-FOREIGN AFFIDAVIT UNDER IRC 1445) You may need additional affidavits like a name affidavit, which lists all of your or the buyer’s previous names, or an affidavit proving you are not a foreign citizen and, therefore, exempt from certain property sales taxes.
SURVEY RESULTS OR SURVEY AFFIDAVITS A survey or an affidavit verifying a previous survey proves exactly where the property lines are.
CLOSING DISCLOSURE
HOME INSPECTION RESULTS If you had a pre-sale inspection, you’ll want the results to compare to the buyer’s inspection. If having a buyer’s inspection was part of the sales agreement, you should receive a copy of the results before closing.
If your buyer is taking out a mortgage and you agreed to certain seller’s concessions, you may need a copy of their closing disclosure to verify the lender approved your concessions.
CORRECTION STATEMENT AND AGREEMENT
PROOF OF REPAIRS OR RENOVATIONS Documentation proving any major repairs or changes to the house help verify its value. These receipts also provide buyers with information about who to contact if they discover issues with the repairs in the future.
If forms are lost or errors are discovered in the future, a correction statement and agreement requires you, the buyer, or their lender to replace or fix those documents.
HOME WARRANTY INFORMATION The home warranty service agreement will explain what is covered, for how long, and costs associated with the policy.
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