Wrapping It All Up & Moving Out
As the seller you are required to provide multiple forms and addendums to the buyer, depending on the type of property you are selling. These forms can be found at your local Board of Realtors or the Agent representing you. It’s beneficial to review these forms before handing them over to the buyer so you are aware of not only your rights but the buyer’s rights. Make sure to fill out the seller’s disclosure in its entirety and do not leave anything off it! Lying on that sheet or omitting something you knew about opens you up to serious liability. Consult a trusted real estate professional for more info!
After signing several forms the buyer or buyers need to come to a written agreement with you in regards to price, inspection, financing, closure, and closing date. Real estate is one of the top industries for scammers; make sure you have an experienced professional read over your contract before you sign anything!
Along with the purchase agreement, a final walk-through will take place. The buyer and a witness must confirm that the house being conveyed meets the standards of everyone present. Basically, the purpose is for the buyers to ensure that the condition they initially saw the house in is the same condition at the time of purchase. If you agreed in the contract to convey the appliances, but end up removing them, the buyer will find that out in the final walk-through. Make sure to abide by the terms of the contract! Now that the house has been sold you are able to move out and into a new place!