A Sale of Home Worksheet is a short form that helps the buyer or seller to prepare their documents to make the transactions on their home. It is a template of the items that have to be prepared in a house before the sale. This is a great help for the buyers as well as the sellers because it will help them to find all the items that are essential for the sale. Here are some of the things that will be prepared in the SOHW when you buy or sell your home.
Cash and check proof. For example, if you are selling your home with the bank, you need to check the validity of the check. If it is not there, you can’t make any claim. On the other hand, if you are buying, you have to see if there is any problem with the check. If there is something wrong, the buyer will reject the transaction.
Address to the house. This worksheet shows the address of the home. It is also necessary to write down the name of the owner of the home if you are the owner.
The reason for which you are selling. This worksheet can give you some more reasons as to why you are selling your home. The reason can be something important for you such as the closing date, name of the buyer or the reason for the sale. If you are the seller, you can say something about the reasons why you have the sale.
Title of the home. You have to write down the name of the seller and the title of the home. In the sheet, you have to describe the condition of the house. If the house is old and outdated, the buyer may reject the transaction.
Closing date. You must write down the closing date for the transaction.
Before the sale, it is very important to have this worksheet to avoid the issues of the deal. Be sure to have this sheet when you make a sale and have a safe sale with your buyer.