There are numerous ways you can go about selling a property in Washington. You can hire a real estate agent to sell your property, opt for sale by owner, or settle for home-buying companies like WeBuyHouseAsIs. In the first two scenarios, you have to pay commission fees. At the same time, you need to prepare the paperwork and navigate the necessary documentation while selling your house as an owner. But when it comes to a home-buying company, you don’t have to worry about anything. They will purchase the house in as-is condition.
Hiring a Real Estate Agent:
When you hire a real estate agent, he will run around for you. He will look after the entire process and ensure your property gets sold. They will look after everything from arranging all the necessary documents to paying the closing costs. However, they will be charging a fee for the same. And when you hire a famous real estate agent, be prepared to shell out a considerable chunk of money as the commission fee.
Understanding FSBO:
When you take on all the responsibilities, including listing property, setting the price, marketing the property, negotiating offers, and dealing with legal work, this is termed FSBO.
Pre-Listing Paperwork
Before listing your property, you must gather all the essential documents to accomplish the process seamlessly, such as:
- You need a “Preliminary Title Report,” which is meant to confirm the ownership and highlight if there are any title issues.
- You must also conduct a property survey outlining the property boundary and structures.
- You must also have the original sales contract, which proves the purchase of the property and outlines the terms of the original sale.
- Show if there is any mortgage remaining through the Mortgage Payoff Statement or consult with the professionals to deal with the paperwork.
- If your selling property is within an HOA, you must submit the HOA documents.
- Repair and maintenance records demonstrate the upkeep of the property.
- You also have to keep a Seller’s Disclosure Statement, listing whether the property is facing any issue, such as water damage or structural concerns.
Listing Documents
When marketing your home, you must have the purchase offer, which outlines the terms proposed by the buyer. You must also have the purchase agreement, a legally binding contract between the buyer and the property owner. There should also be the Home Inspection Report, which is obtained after an inspection and mentions the detailed condition of the home. You must be careful with these documents, as they set the foundation for closing the sale.
Selling the House to Cash Buyers:
This is the easiest way to sell a property. There are no hassles involved. Just contact the home buying company and let them know about your desire to sell the house. Within a week, they will purchase the property in its current condition. There is no need to list the property, arrange for the documents, look for buyers, bear the closing costs—nothing. The professionals will inspect the property once before quoting the amount.
Conclusion
If you need money immediately or simply don’t want to undergo the hassles of selling the property when you opt for a real estate agent or through FSBO, you should contact a “we buy house as is Pierce County” company. Their experience of selling the property fast is unmatched.