29. 7 Documents You Need While Selling Your House in Saint Paul MN

Image outlining Documents need when selling a house

Paperwork is a given during any type of legal transaction. And selling your house in Saint Paul MN won’t be an exception.

Before you get the opportunity to sign any type of real estate contract into existence, there is quite a substantial workload that you’ll have to take part in. This work includes cleaning your home, working with a contractor/repairman in order to get it in a good state of repair, and staging your interior so that buyers see your property in its best possible light. However, one of the most significant, and time-consuming, elements of this workload for sellers is the paperwork.

Luckily, some of these documents will be compiled and filled out by your real estate agent, so you won’t have to worry about them. However, there is still a large chunk of legal documents that you as the homeowner will be required to take care of. In addition to this, if you’ve opted to sell your house “FSBO” (For Sale By Owner), you’ll be responsible for all of the paperwork during a home sale. As such, organizing all the relevant paperwork and deadlines in preparation will be sure to help smoothen the process.

Below, we are going to talk about some 7 documents you’ll want to prepare before you put your property on the market. So read on to gain some insight on what lies in your future paperwork-wise if you’ve decided to sell a house in Saint Paul MN.

Documents You Need When Selling Your House in Saint Paul MN

Read on to discover our list of the most prominent documents you’ll need to process when selling your house in Saint Paul MN.

Documents required when selling a house in Saint Paul MN Image


This may seem like the most obvious piece of ink, but here are a few things to consider so that you ensure that your contract is legally binding. To give you the ability to settle any disputes after closing, be certain it is signed by both parties. Details on this document for your Saint Paul house need to include: the closing date, price, and date of occupancy. Additionally, any conditions for termination as well as inspection dates much be clearly stated. Out-of-state buyers necessitate your being aware that a uniform Commercial Code governs commercial transactions that cross state lines.

Disclose! Disclose! Disclose!

Before you begin talks with your buyer about an offer, ensure that you have prepared a Property Disclosure. A property disclosure (or real estate disclosure in the Minneapolis area) is a legal document that details any known defects or malfunctions on the home. Failure to do so can lead to legal entanglements and expenses when selling your house in Saint Paul. 

Title Documentation

The deed to your property designates its legal ownership and must be presented to the buyer for careful review. The deed for your house in Saint Paul must be transferred after the sale to the name of the new owner.

Occupancy Rider

During home sales, timing may not always work out. Should you need to stay in the house after the closing date, you will need a post-occupancy agreement. Conversely, should the buyer need to be in place prior to the completion of the sale of your house in Saint Paul, this will require a pre-occupancy agreement. 

Third-Party Financing Clause

When you need to sell, you could consider getting a mortgage on your house as another source of financing for your buyer in Saint Paul. Should you do so, your third-party financing clause or financing addendum should be attached. In the event your buyer’s traditional mortgage application for the remainder of the financing is denied, you’re protected.

Promissory note

The promissory note, obtained from the buyer, is a contract written to clearly outline the rights and duties of the parties, which must be signed and dated. For buyers who are purchasing through non-conventional means, this is extremely important. It enables buyers to use the seller as the financier, with the property itself acting as the security for the loan. This document should outline the amount of money to be paid, the date to be paid, or detail the installments to be paid to the holder or payee.

Settlement Statement

HUD Laws now require very specific details of the transaction to be outlined in a closing or settlement statement. At least one day prior to the closing, the buyer has the right to review this statement. This ensures that he or she is made aware of just what they’re being charged in fees at the closing and in financing interest for the term of the loan. Strict adherence to these laws will help you to avoid legal nightmares in the future. Be prepared at the closing, should the solicitor request you to show your proof of identity. The documents should be examined carefully before being provided to the buyer. The broker should verify the information and offer any input should they find errors or information lacking in the documents.

Do you need to sell your house in Saint Paul? If you’re looking for a faster sale option that is hassle-free, consider reaching out to us.

Here at FastPath Home Buyers, we buy houses in Saint Paul MN, and throughout the greater state of Minnesota. When you work with us, your guaranteed a fast sale, which may not always be the case with a real estate agent. In addition to this, you also get to sell your house “as-is” (meaning in any condition. No cleaning! No repairs!), and we’ll close on your house in as little as 7 days. So reach out to us today by calling (612) 351-2384 or filling out the short form below for the fastest and easiest sale process of your life.

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