The Documents You Need to Sell Your House in Maryland

Are you planning to sell your house in Maryland? Whether you choose to sell the house on your own or with the help of a real estate agent, there are certain documents you will need. In this article, we discuss the essential and optional paperwork you’ll need when selling a house in Maryland.

Maryland required house selling documents
  • Save

Disclaimer: This blog post and website provides general information on Maryland real estate. Maryland Estates, LLC, doing business as Creo Home Buyers, and its authors are not liable for the accuracy or use of this information; consult with a trusted real estate professional or attorney for guidance regarding your unique selling situation.

Documents Needed Before Listing

Comparative Market Analysis Report

A Comparative Market Analysis (CMA) report is one document you need before listing your house in MD. This report provides a comprehensive analysis of recent sales in your area. This information can help you take an educated guess at to what your house will sell for.

A real estate agent or an experienced Realtor can prepare a CMA report for you, taking into account factors such as location, size, condition, and amenities. By having a CMA report, you can confidently set a competitive sale price that attracts potential buyers and ensures a successful sale.

If you are unable to obtain a CMA, you can check popular real estate websites for recent sale prices of homes similar to yours in your neighborhood. This can give you a rough estimate of what your house might sell for.

Listing Contract

Once you have determined the sale price, if you plan to hire a listing agent to sell your house, you’ll need to sign a contract with them. If you hire an agent to sell your home, they will provide you with a CMA and help you price your home accurately.

A listing contract is an agreement between you, as the seller, and your chosen real estate agent or broker. It outlines the terms and conditions of the listing, including the agreed-upon sale price, the agent’s commission, and the duration of the listing period.

Having a written listing contract ensures that both parties are clear on their responsibilities and protects your interests throughout the selling process. Most agents ask you to sign a listing contract for at least six months or more, so be sure you life your agent before signing. Otherwise you may owe them a commission if you decide to sell the house FSBO before your contract is up.

Seller’s Disclosure Form

In Maryland, sellers are required to complete a Seller’s Disclosure Form. This form provides essential information about the condition of the property, including any known defects or issues. Provide accurate and honest information in this form to avoid any potential legal disputes after the sale.

Even if you decide to sell your house AS-IS, you should disclose any known latent defects. Additionally, you should note the AS-IS sale on the disclosure form. Formally documenting any potential issues is a great way to protect yourself from potential lawsuits and legal problems if issues pop up after the sale of your house.

Completing the Seller’s Disclosure Form protects you as the seller and allows potential Maryland house buyers to make informed decisions about your property.

Renovation Receipts and Repair History

Gather all the receipts and documentation related to any repairs or renovations you have made to your house. This includes invoices, warranties, and permits. Buyers see this information as a bonus! Providing a repair history of your house can be an indicator of a well-maintained home, improving it’s perceived value for potential buyers.

Preliminary Title Report

A preliminary title report can be obtained from a settlement agent such as a title company or closing attorney. A title report provides information about your property’s ownership history, outstanding liens, easements, and any other encumbrances. Its purpose is to ensure that the title is clear and transferable.

Obtaining a preliminary title report can give you time to clear any issues before closing. Providing one to potential buyers assures them that there are no hidden issues with the property’s ownership.

Warranty Information

If your house has any warranties on major systems, appliances, or structural elements, gather the documentation related to these warranties. This includes manuals, receipts, and proof of warranty coverage.

Additionally, you may consider purchasing a transferable home warranty and providing that to the future homeowner. Buyers find warranty information reassuring, as it eliminates the fear of unexpected repair costs.

Survey or Plat Maps

In some cases, it may be necessary to provide a survey or plat maps of the property you are selling. These documents detail the boundaries, measurements, and legal description of your land. Having a survey or plat maps can prevent any disputes or confusion regarding the property boundaries and ensure a smooth sale process.

While not always required, providing a survey or plat maps can be beneficial and increase buyer confidence in your house for sale.

Homeowners Association (HOA) Documents

If your property is part of a homeowners association (HOA), you will need to provide the buyers with the relevant HOA documents. These can include the HOA bylaws, HOA resale package, rules and regulations, financial statements, and any pending assessments or special restrictions.

Providing the HOA documents allows potential buyers to understand the responsibilities, restrictions, and expectations associated with owning a property within the community.

By having these essential documents ready before listing your house in Maryland, you can streamline the selling process and assure potential buyers of a transparent and trustworthy transaction.

Purchase Offer

The purchase offer or contract is the first step in selling your house. A sale and purchase contract includes the terms and conditions of the home sale, such as the sale price and any contingencies. It is important to carefully review and negotiate the purchase offer to ensure it meets your needs as the seller.

In Maryland, you can choose to sell your house with or without a real estate agent. If you decide to sell without a realtor, it is important to familiarize yourself with the process and the necessary documents. Hiring a real estate attorney can help you navigate the legal aspects of selling your house without an agent.

Property Appraisal

An appraisal is an independent assessment of your home’s value. This document is typically required by the buyer’s lender to determine the fair market value of the property. It is important to have an accurate appraisal to ensure you are pricing your home correctly and not leaving money on the table.

If you choose to sell your home “for sale by owner”, you may need to hire an appraiser to conduct the appraisal. An experienced appraiser can provide an unbiased evaluation of your home’s value based on various factors such as location, size, condition, and recent comparable sales in the area.

Inspection Report

An inspection report is another important document in the selling process. This report outlines any existing issues or repairs needed in the property. It provides potential buyers with transparency and helps them make an informed decision about purchasing your home. The buyer will usually order this and it’s up to the buyer if they choose to share their inspection report with you.

If you plan to sell a home in Maryland without a real estate agent, you may want to consider obtaining a pre-inspection to identify any potential problems beforehand. This allows you to address any issues and make necessary repairs, increasing the appeal and value of your home.

Purchase Agreement

The purchase agreement is a legally binding contract between you and the buyer. It outlines the terms and conditions of the sale, including the purchase price, closing date, and any contingencies. This document protects both parties and makes sure everyone is on the same page when it’s time to sell your home.

In Maryland, it is common for a real estate attorney to prepare the purchase agreement or you can use the standard purchase contract provided by your agent. An agent or attorney can also review and negotiate the sale terms of your Maryland home on your behalf.

Deed to the House

The deed is a legal document that allows you to transfer ownership of the property from you, the home seller, to the buyer. The deed is typically prepared by an attorney or title company and recorded in the local county land records. A deed is required to complete the transfer of ownership when selling Maryland real estate.

It is important to consider work with a real estate attorney or title company throughout the selling process to ensure a proper transfer of the deed. Local real estate professionals in Maryland can guide you through the necessary steps and ensure all legal requirements are met when you are ready to sell.

Utilities Information

Utilities information includes details about the various utility providers servicing the property, such as water, electricity, gas, and sewer. This document can give prospective buyers an idea of how much utilities cost on the home so they can estimate how much they’ll need to pay once they own the house.

As the seller in Maryland, consider gathering and provide utility information to the buyer during the selling process. This ensures that the buyer has all the necessary information to transfer the utilities into their name after closing on the house.

Use and Occupancy Permit

A use and occupancy permit is sometimes required in Maryland. An occupancy permit is used to certify that the property meets local building and zoning codes for habitation and use. 

This document is typically issued by the local government and verifies that the property is safe and suitable for occupancy. For instance, such a permit may be needed when it’s time to sell a house that has undergone major renovations after being previously condemned

If an occupancy permit is required in your Maryland county, it is important to obtain this document before selling your home. Failure to do so may result in delays of your real estate transaction.

Power of Attorney or Mobile Notary

If you are unable to attend the closing in person, you may need to appoint a power of attorney. This document grants someone the authority to act on your behalf and sign necessary documents during the closing process.

If you anticipate needing a power of attorney, it is important to consult with a real estate attorney to ensure the necessary legal steps are taken. They can help you prepare the power of attorney document and guide you through the process.

Additionally, you can also hire a mobile notary who can verify your signatures as you sign required closing documents for a house sale in Maryland.

Closing Disclosures (HUD-1, ALTA, or Settlement Statement)

The closing statement is a detailed document that outlines all the financial aspects when you sell your Maryland house. The closing statement includes the final sale price, all closing costs, and any adjustments. It provides a breakdown of the funds involved and ensures transparency between the buyer, seller, and any other parties involved.

In Maryland, the closing settlement statement is usually prepared using a HUD-1 or ALTA document.Your real estate attorney or title company will guide you through the closing process and prepare the necessary documents.

Overall, selling a house in Maryland requires a variety of documents to complete the transaction. Whether you choose to sell with or without an agent in Maryland, it is important to have a thorough understanding of these documents and consult with a real estate attorney if you have any questions.

Additional Documents You May Need to Sell a House

Radon Testing Results

In Maryland, it’s a legal must to disclose known radon issues when selling your house for health reasons. Run a radon test before listing your home for sale—it’s a wise step for peace of mind. If there’s a radon issue, deal with it before selling. It’s a strategic move that builds trust and ensures a successful home selling transaction.

Termite Inspection Report

A termite inspection report can assure buyers that your home is free from termite damage, or it can provide information regarding any issues that have been addressed.

Lead-Based Paint Disclosure

For houses built before 1978, federal law requires disclosure of potential lead-based paint hazards when selling. As a Maryland seller, you must provide a lead-based paint disclosure form and offer buyers a 10-day period to conduct a lead inspection.

Septic System Inspection Report

When selling Maryland property that has a septic system, a recent inspection report may be required to ensure compliance with health and environmental regulations.

Well Water Test Results

If the house you are selling in Maryland uses well water, providing recent well water test results can assure buyers of water quality.

Lease Agreements (if applicable)

If you are selling an occupied rental that is currently leased to tenants, you’ll need to provide copies of the lease agreement and any relevant documentation.

Gathering Paperwork to Sell Your House in Maryland

Selling a house in Maryland involves significant paperwork, especially if you plan to sell a house without an agent. When you need to sell your home quickly, it is crucial to gather and complete all the necessary documents to help you sell fast. Working with a real estate agent or realtor can provide valuable guidance and expertise throughout the process. By having the required paperwork in order, you can confidently navigate the selling process and ensure a smooth and efficient transaction.

Skip the Paperwork Hassles and Sell Directly to a Cash Buyer in MD

You can avoid the traditional home selling hassles and paperwork by requesting a free, no-obligation offer from us at Creo Home Buyers. We buy houses in PG County and Baltimore, and many other areas in Maryland AS-IS fast for cash. We take care of most of the paperwork necessary to sell your home fast for cash. Reach out to us today at 410-870-9228 or by filling in our offer request form.

Leave a Comment

Your email address will not be published. Required fields are marked *

Copy link