Documents to have whenselling a new house

When selling a new house, it's essential to have the following documents ready to ensure a smooth transaction:

  1. Property Deed: A copy of the property deed, which proves ownership and transfer of ownership.
  2. Title Search Report: A report that verifies the property's ownership history, ensuring there are no outstanding liens or encumbrances.
  3. Title Insurance Policy: A policy that protects the buyer and seller from title-related issues, such as disputes over ownership or liens.
  4. Property Survey: A survey that shows the property's boundaries, dimensions, and any easements or encroachments.
  5. Home Inspection Report: A report that highlights any defects or issues with the property, which can be used to negotiate repairs or credits.
  6. Warranty Deed: A deed that transfers ownership of the property, typically used for new construction or newly built homes.
  7. Closing Disclosure: A document that outlines the final costs and terms of the sale, including the sale price, closing costs, and any credits or concessions.
  8. Settlement Statement: A document that summarizes the transaction, including the sale price, closing costs, and any credits or concessions.
  9. Property Tax Records: Records that show the property's tax history, including any outstanding taxes or assessments.
  10. Homeowners Association (HOA) Documents: Documents that outline the HOA's rules, regulations, and fees, if applicable.
  11. Community Association Documents: Documents that outline the community's rules, regulations, and fees, if applicable.
  12. Environmental Reports: Reports that disclose any environmental hazards or concerns, such as lead-based paint or asbestos.
  13. Municipal Records: Records that show any outstanding municipal liens or assessments, such as water or sewer bills.
  14. Utility Records: Records that show the property's utility usage and any outstanding bills.
  15. Appliance Warranties: Warranties for any appliances or systems installed in the property, such as HVAC or plumbing.
  16. Homeowners Insurance Policy: A policy that covers the property against damage or loss, which can be transferred to the buyer.
  17. Flood Insurance Policy: A policy that covers the property against flood damage, if applicable.
  18. Termite Inspection Report: A report that shows the property is free from termite damage or infestation.
  19. Mold Inspection Report: A report that shows the property is free from mold or mildew.
  20. Energy Efficiency Certificates: Certificates that show the property's energy efficiency ratings, such as Energy Star certification.

It's essential to have these documents ready to ensure a smooth and successful transaction. It's also a good idea to review and understand each document to avoid any potential issues or disputes.