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How to Sell a House by Owner in California (2023 Updates)

HomeLight

California has the Transfer Disclosure Statement and Seller Property Questionnaire , Natural hazard disclosure (NHD) expert’s report and accompanying NHD Statement , and several other disclosure forms that may be applicable to your specific property and sale. Natural Hazard Disclosure Statement.

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Flood Plains, High Winds, and Leased Land: Your Guide to Buying a House in Palm Springs

HomeLight

If you’re paying cash, then you can skip the appraisal. Talk to your agent about whether they think the sales price is fair; an appraisal can protect you from overpaying for a house.). In California, sellers are required to provide buyers with a natural hazard disclosure report. Get your home inspected.

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The Key Paperwork You Need to Sell a House, With or Without a Realtor

HomeLight

Mandatory disclosures. Pre-listing inspection report. Home inspection report. Home appraisal report. A new contract can be signed without the old contract, and the new buyer will conduct new inspections and obtain a new title insurance policy.”. Give buyers time to conduct a lead inspection. 1099-S tax form.

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How Much Are Closing Costs in California?

HomeLight

The major portion of closing costs for buyers are associated with a mortgage , such as the lender’s charges for processing and underwriting the loan, survey, and appraisal fees, and points to lower the interest rate. 1% of the loan amount Credit report $25 Home inspection Costs vary depending on house size, location, and additional services.

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What You Need to Know About Selling Your House in California

HomeLight

Discuss inspection contingency. Pre-listing inspection. Selling a home in California also requires these additional disclosure forms including: Natural Hazard Disclosure Report/Statement which shows whether the home is in zones predisposed to earthquakes, flooding, fire, or wildland risks. Reconveyance fees.

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Selling a House ‘As Is’ in California

HomeLight

California law requires sellers to disclose material facts about the property through the California Association of Realtors Real Estate Transfer Disclosure Statement and natural hazards in the Natural Hazard Disclosure Report/Statement. Consider a pre-listing inspection.

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