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How to Sell a House by Owner in California (2023 Updates)

HomeLight

California has the Transfer Disclosure Statement and Seller Property Questionnaire , Natural hazard disclosure (NHD) expert’s report and accompanying NHD Statement , and several other disclosure forms that may be applicable to your specific property and sale. Natural Hazard Disclosure Statement.

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How Much Are Closing Costs in California?

HomeLight

100-$150 Natural hazard disclosure report This report is required to sell a home in a natural hazard zone that is prone to earthquakes, wildfires, and other natural disasters. $99 Can I add closing costs to my home financing?

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40 Real Estate Forms You Need to Sell Your House

Redfin

Mortgage and financing documents Youll want to put together all your home loan and financing forms you would have received from your mortgage lender. California also requires a Natural Hazard Disclosure Statement (NHDS) , a separate form that discloses potential hazards from six types of zones, including floods, fire, and earthquakes.

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The Key Paperwork You Need to Sell a House, With or Without a Realtor

HomeLight

The mortgage lender might require a copy to finance the sale, so it would be good to have copies available just in case.”. The Natural Hazard Disclosure Report discloses which (if any) hazards your home has, such as being directly on a fault line, in a special flood hazard area, wildland fire risk, or being in an airport influence area.

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Selling a House ‘As Is’ in San Diego

HomeLight

Californias Department of Real Estate provides additional information in its Disclosures in Real Property Transactions. But if you do end up working with a financed buyer, be aware that different mortgage types (such as conventional loans or government-backed FHA, USDA, or VA loans) have different minimum property standards.

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Selling a House ‘As Is’ in California

HomeLight

California law requires sellers to disclose material facts about the property through the California Association of Realtors Real Estate Transfer Disclosure Statement and natural hazards in the Natural Hazard Disclosure Report/Statement. MLS has field to mark a listing “as is”? Sell directly to a cash buyer.

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What Must Be Disclosed When Selling a House in California?

HomeLight

California sellers must also disclose the following information: Natural Hazard Disclosure Report/Statement shows whether the home is in zones predisposed to earthquakes, flooding, fire, or wildland risks. Mello-Roos Bond and Taxes represent a special tax on property owners in a Community Facilities District.