Deed problems can be a nightmare for homeowners. Whether it’s a missing or incorrect signature, an outdated or inaccurate legal description, or a dispute over ownership, deed problems can stall or even prevent a home sale. Fortunately, there are options available for homeowners facing deed problems who need to sell their homes quickly.
- Identify the Deed Problem
The first step is to identify the deed problem. This may require the assistance of a real estate attorney or title company. The issue must be resolved before the sale of the property can proceed.
- Assess the Cost of Resolving the Deed Problem
Once the problem has been identified, you need to assess the cost of resolving the deed problem. This may include legal fees, title searches, and any other expenses associated with correcting the deed.
- Research Home Buying Companies
If you decide to sell the property, research home buying companies that specialize in purchasing properties with deed problems. These companies can provide a fair cash offer for your property and take care of any necessary repairs.
- Request a Cash Offer
Request a cash offer from the home buying company. They will provide an offer based on the condition of the property, including any deed problems.
- Review the Offer
Review the cash offer and ask any questions you may have. Make sure you understand the terms of the offer, including any fees or contingencies.
- Accept the Offer
If you’re satisfied with the offer, accept it. The home buying company will provide a hassle-free closing process and can complete the sale in as little as seven days.
- Complete the Sale
Once you’ve accepted the offer, the home buying company will handle the rest of the sale process. They will provide the funds at closing and take care of any necessary repairs or deed problems.
Selling a home with a deed problem can be a challenging process, but it’s not impossible. By identifying the problem, assessing the cost of resolving it, researching home buying companies, requesting a cash offer, reviewing the offer, accepting the offer, and completing the sale, you can sell your property quickly for cash. This can provide much-needed relief and allow you to move on to the next chapter of your life with peace of mind.