If you are like the millions and millions of people out there that have decided to sell your own home, you are likely in need of do it yourself forms that you can easily create on your own home computer, either as a Word document or even as a spiffy .pdf. Making your own home sale form isn’t as difficult as it sounds as long as you follow a few essential steps along the way. It is important to note that it is always a good idea to have any legally binding form that you create at home evaluated by a lawyer to ensure that the form is, in fact, worth the paper it is printed on.
First, before you start, make sure you understand the rules and regulations that govern contracts such as these in your state or jurisdiction. Even if you’ve sold a home in a nearby state or even a nearby county, the rules where you are now may be different.
First, start with the full, legal names of the buyer and seller. Do not use nicknames or informal names at any point, even if you are good friends with the people you are doing this transaction with. Next, include a full description of the property you are selling. Include everything from the address of the property, what kind of property it is, what style of home it is, how much land is being included with the sale and if any goods are being included with the sale, such as curtains or any personal belongings or furniture.
Next, state the purchase price that you are selling the home for and make sure you include the deposit amount that you are getting up front. Make sure you also state the amount you will be receiving from a mortgage or from a third party source to cover the rest of the cost of the sale.
You will want to also state the closing date of the sale and any sort of payments that will be required either by you or by the seller at closing. Even if you think that parts of the closing costs are common sense, you need to spell them out here, cost by cost, so that there aren’t any second guesses on the day of closing that could gum up the works.
In the next paragraph, include the evaluations by the inspector or inspectors that viewed the property. If they saw any kind of defects or any sort of problem, make sure that it is included here so that a year down the road, the buyer can’t come back and say they didn’t know about a potential problem.
You should also include any type of bug or pest evaluation that was done, as well. This is especially true if you have a wood home and there is a fear of termites.
Include a spot where all parties can sign and include a place for a witness, and you’re done. It can seem a bit overwhelming, but writing your own home sale form isn’t that difficult.