How To Sell A Home In California
California remains to be an attractive place to live in because of its climate and landscape. No wonder why this so-called “golden state” is the most populous in the whole United States of America and its real estate industry continues to boom.
In this state, selling your home may be one of the most important decisions you will ever make in your life. The process may not be that easy but with the proper information on the laws concerning a sale of a property and a little help from your lawyer, you can make it on your own.
First, you need to make a good impression on the buyers who would like to see your house for the first time. Keep your yard clean and free from clutter because how your home looks from the outside and inside is a big factor for many home buyers. Your home should also smell good so be ready with your scented candles or potpourri or home deodorizers with a pleasant smell. Real estate experts also suggest painting your walls with a neutral color including those parts that have faded or have chipped off. Provide more space as much as possible because some buyers, while looking at homes, usually envision how their stuff will look in that particular house. Also, make sure that everything in your house is in good working condition. Fix all things that need repair such as appliances, lights, door knobs and heaters. If you wish, you can always schedule the visits of prospective buyers to give you more time to prepare your home for showing.
Real Estate Forms required
In California, the seller is required to provide the buyer with a pre-printed form that enumerates the many features and conditions of the home, the land and the location of the property. This form is called the complete “Real Estate Disclosure Form.” The seller should also write on the form the possible circumstances that might change the prospective buyer’s decision to buy the home. Also, the paper must reveal all defects of the house and other vital information such as on the heating and air conditioning system, plumbing, mechanical and electrical systems. Possible issues such as on implied easements, environmental hazards, landfills, flooding, zoning violations and noise problems must be listed as well.
Another disclosure form in “The Homeowner’s Guide to Earthquake Safety” must be filled up by the seller to inform the buyer about the property’s preparedness for earthquakes.
In the case of a condominium, the seller must provide the buyer with copies of the bylaws, financial statements and other documents of the homeowners’ association. Information on any unpaid assessments must likewise be provided.
The real estate law in California further requires the seller to reveal other information that includes items on the property; operating condition of some items, defects in the house’s walls, ceilings, floors and sidewalks; possible environmental hazards, easements, construction without permit, zoning violations, earthquake damage, deed restrictions and noise or nuisance problems in the neighborhood; location of the property such as near the airport, etc.; knowledge on lead based paint used in the property as well as a death in the house within three years of a sale and whether it was intentional or gruesome or had any effect on the property’s reputation.
Real estate lawyers in California will normally evaluate the legal title of the property that is up for sale.
An implied easement, for instance, exists as the need arises. This may be present when a transfer of property occurs and ends in a so-called “landlocked parcel” without any access other than over the land of a stranger. An easement may also exist when a property owned by one person is divided and during the time of division, one part is being used for the advantage of the other portion.
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