Selling a home in North Dakota

North Dakota is a state in the Midwestern part of the United States. Native Americans originally inhabited the place which was once a part of the Wild West in the 19th century. Eventually, Europeans led by the French-Canadian trader La Verendrye arrived in the state and settled there for good.

North Dakota is a safe and affordable state, ideal for families. It ranked 15th in the most livable states category in 2004 while its largest city, Fargo, was voted as the top less stressful city in the U.S. in the same year. The state’s affordable housing, low unemployment rate and favorable economy are the major factors in drawing people to live there.

Make it sparkle

Just like in selling any product, a good presentation matters a lot. Show a clean and organized house to your potential buyers. Organize your stuff and take away all the clutter in your front yard and other areas in your home. This is to create more space which matters most to buyers. Repair and repaint parts of the house if needed to make the property look brighter. And be sure to make your home smell good during your open house schedule.

Decide on a fair market value for your home to attract more buyers. Avoid overpricing or setting a low price as doing so could only delay the sale of your home. Do find out about existing home prices in your area, the prices of those that recently sold and ask some real estate agents.

Aggressive marketing can surely help you sell your property fast. Utilize the Internet by creating your own web site or by joining sites that offer free listing for your home. Spread the word to your relatives, friends, neighbors and colleagues at work. If you can, print leaflets that include details of your home and distribute them in your locality.

Real Estate Forms

Real estate forms may vary from state to state although some are available in standard formats.

A purchase agreement is a legal document that binds both the seller and the buyer. It states the responsibilities of the seller such as delivering a clean title, maintaining the property in its present condition until closing and making repairs before the buyer moves in. This form, which is also referred to as the contract, usually includes an inspection clause allowing the buyer to check the house for defects prior to closing. To be valid, the agreement must in writing with the signatures of both parties affixed.

A counter offer may be presented by the seller if he or she finds the purchase offer insufficient. This form specifies the price offered by the seller as well as other contingencies.

A property disclosure statement is required from the seller. This details the general condition of the property being sold, the repairs done and the existing defects. Apart from a copy furnished to the buyer, the seller must also secure his own copy.

A lead based disclosure form should also be provided by the seller to the buyer. This stipulates any lead based paint hazards in the property, notably if it was constructed before 1978. Apart from the disclosure form, an Environment Protection Agency (EPA) pamphlet containing information and tips in controlling lead paint hazards must be given to the buyer.

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