Do you provide the contracts and disclosures?
We do not provide the contracts and disclosures directly, as it creates liability for us. The good news is that you can get them for free (or for a small fee), typically from one of the following:
- Free Options:
- Escrow. Note that a good incentive for them to get your business is by providing you the forms. Only some escrow companies will provide the forms, since it gives them liability.
- Buyer's Agent (if any)
- FirstTuesday (California)
- Paid Options:
- Transaction Coordinator (recommended). A transaction coordinator (TC) will cost ~$450, and will ensure that you have all the correct forms and they are completed properly. In a typical real estate sale, once a contract is signed, the agents will hand off the paperwork to their own transaction coordinator. We have transaction coordinators available to assist with all paperwork. You can order service through the website - just sign up, create a property, and then select 'Forms Help' in the available services. Learn more here.
- Agent Assistance. You can hire a licensed real estate agent directly through the homecoin website. The upside to this is the agent may be able to negotiate a better contract for you, and the cost is a fraction of what you would typically pay an agent. You can order service through the website - just sign up, create a property, and then select 'Forms Help' in the available services. You can search prices clicking here, and you can learn more by clicking here.
Should I use a certain set of forms?
Most of the real estate industry uses the contract and disclosure forms produced by the state Association of Realtors®. Many agents will only use this set of forms.
Should I have all the disclosures filled out before accepting an offer?
It's a good idea. Having the disclosures completed lets buyers know in advance about any issues that you are aware of. It also makes you look very professional and organized.
You do not want to accept an offer where the buyer backs out due to something they later see in the disclosures.