You should have most of these documents at hand. The mortgage loan statement will indicate how much is left on your loan (provided you have not already paid for the house in full).
#MY CHECKLIST SUFFOLK PROFESSIONAL#
The appraisal is a professional evaluation of what the house is worth. Every sales agreement can be more or less complex, but all will contain, at a minimum:Īppraisals are usually paid for by buyers, but you should have been sent a copy. The appraisal will likely have been conducted the last time the property switched hands.
The Sales Agreement may also contain important disclosures about the property. Once the sales agreement is finalized, it is legally binding. The sales agreement stipulates the terms and conditions of the original property sale (who bought it, when, at what price, etc). However, it’s easier to work with a professional to locate them. You should be able to find the title records either at the local courthouse or by contacting a title officer. Small buyers will certainly want to see one.
#MY CHECKLIST SUFFOLK FULL#
The title report is essentially a full legal description of the property. The title report (not to be confused with the property deed) discloses the most important details pertaining to a property). The deed is then registered with the county. When you sell the house, you sign your name to it and give the deed to the buyer. What are these documents, and where can you get them? The deed to the property is really the legal certificate of ownership.
The Documents Required to Sell Property on Long Islandĭocuments You Need to Sell on Long Island – Overview Before you think about selling your home, you need to give a detailed run through all of the documentation you’ll need, at the stages, you will need them. This is necessary to ensure the appropriate checks and balances – no area or person is immune from being scammed, and the fraud is rife in the real estate industry.ĭocumentation is necessary to ensure that you are who you say you are and that you all the financials are in order. We’ll work with you to ensure your project is done perfectly and professionally with as little disturbance to your day to day life as possible.Regardless of where you are intending to sell, you’ll need to have a certain amount of documentation. We’re a family-owned business with over forty years of experience in total home remodeling. If you’re considering expansion, give us a call at Noah Construction. It can be customized to suit your exact needs while searching for a house that meets everything on your checklist could take months, if not longer. You get to pick the aesthetic, design, materials, and layout. One of the biggest bonuses of adding a new room to your existing house is that every choice is up to you. Investing more into your current home will likely increase your profits if you do sell down the line, as you’ll be able to charge for more square footage. Refinancing your mortgage could even be an option to cover the expenses. You’ll be able to take out a much smaller loan if necessary. This is especially more difficult if you add children and pets to the mix.Įxtending your home is usually less expensive than purchasing a bigger house. Adding on to your house eliminates the need to pack up an entire home, make a new house your own, and adjusting to living in a new space.
However, extending on your current home may actually be more cost-effective and simpler than moving!įor many, moving is a time consuming and stressful time.
#MY CHECKLIST SUFFOLK UPGRADE#
We tend to think that it just means it’s time to upgrade to a bigger house. When you first purchase a home, you typically buy for space you currently need, not the need that may arise in the future.
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