What Documents Do I Need To Sell My House for Cash?

When you’re searching “how to sell my house fast in Chattanooga,” You will likely find a list of cash buyers. Selling your house for cash means striking a deal with a reputable company that can buy your property “as is” in exchange for a fair sum. This leads to a new question, “What documents do I need to sell my house for cash?”

Generally, the documents you need to sell your house for cash are similar to the documents you need to sell to someone who needs to secure financing first. However, the cash sale process is faster because the buyers will use some of these documents a bit differently.

Mandatory Disclosures

The disclosure document lets a potential buyer in on any known issues affecting the house before the sale. With the document, you’re disclosing to buyers things that might affect their health or safety. So, details like the presence of asbestos or lead-based paint are important disclosures.

Keep in mind that you still need the disclosure document even if you already have a home inspection report.

Mortgage Loan Documentation

If you have a mortgage, you need to produce a document showing all the relevant information about your mortgage if you have one. The document must show the details about the amount you owe (including the payoff amount and the current balance).

Property Tax Records

You’ll also need to produce a document that shows the property taxes you’ve paid over the years. Buyers often want to see the most recent tax bill to get a feel of how much they’ll pay in property taxes if they take over your property.

Deed to the House

You’ll need to produce the original deed that was issued when you purchased the house before you can sell it.

If you can no longer find the deed, you’ll need to get a replacement from your recorder office or use a (paid) third-party deed retrieval company to get the job done.  

Homeowners Insurance Documentation

If you’re wondering, “What documents do I need to sell my house for cash?” you probably won’t think about the insurance on your property. This is because it’s not a mandatory document for closing the sale.  However, presenting this document is great for transparency.

Personal Identification Information

The buyer should be able to verify that you’re truly the owner of the property.  You’ll need to provide a state-issued ID with your photo, and a utility bill or bank statement addressed to you. Some buyers may also have other verification requirements. Adhering to these requirements can help protect everyone involved.

Original Purchase Contract

This is the contract you signed as the original buyer of the home. It’s important for transparency purposes and shows data such as the original sale price, proof of ownership, the original purchase terms, and more.

Contact Chattanooga Property Solutions for a Quick Sale

Now you know the answer to “What documents do I need to sell my house for cash?” Are you looking for a reputable cash buyer with a speedy house-selling process timeline?

Call Chattanooga Property Solutions at (423) 454-3070.

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