Selling a house as is in pa can be an incredibly stressful process. Whether you’re a homeowner looking to sell a house or you’re a buyer looking to purchase a home, it’s important to understand the process so you can ensure the best possible outcome.
The average time from listing to closing on a Pennsylvania home is about 80 days. However, the timing depends on the type of home you are selling and how much it is worth. Also, homes may sell quicker or slower during certain months.
A listing agent can help you get a good price on your home. However, he or she will also charge a commission. That commission can be as high as five percent of the total sale price. This discourages sellers from going the full-service route. Instead, they might opt for a discounted real estate broker or for sale by owner (FSBO) route.
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If you decide to go the FSBO route, you’ll need to prepare several legal documents. These include a property disclosure statement. You’ll need to disclose items such as any structural additions and any flooding problems. It’s important to note that Pennsylvania’s Real Estate Disclosure Law requires you to disclose any known defects to prospective buyers.
You will also need to gather your home warranties and appliance manuals. Ideally, you should consult with a real estate attorney before entering into any agreements.
When you have a buyer, you’ll need to complete a deed of conveyance. It’s a legally binding document that transfers the ownership of the property from the seller to the buyer. The document should have the legal description of the property, the property identification number, and the details of the buyer.