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Updated over 9 years ago on . Most recent reply

Account Closed
  • Investor
  • Dublin, CA
0
Votes |
2
Posts

Standard forms for selling own property

Account Closed
  • Investor
  • Dublin, CA
Posted

Hello - short-time reader, first time poster. I love what Josh and Brandon are building here. It reminds me of another favorite site of mine which is The Motley Fool. I know not everyone here is a fan of stock market investing but the heart and soul of their product is educating, learning together, and having fun with the process. I see that same culture being built here and it begins with the community. Now, on to my questions.

I plan on selling 1.5 acres of land with front-road access but no utilities. It's zoned agriculture but is ideal for a custom home with or without an in-law suite. I want to sell this on my own, without assistance from a real estate agent or lawyer. I was hoping someone can guide me to a place where I can get standard legal forms for the sale. Below is a list of forms I think I need for the State of California. Am I missing anything?

  • Sale Contract
  • Real Estate Transfer Disclosure Statement (shouldn't be many given that it's raw land)
  • Natural Hazard Disclosure Statement
  • Credit Information Form (I am open to financing up to 60% of selling price)
  • Installment Land Contract (If I do indeed finance the property)
  • Offer To Purchase Real Property
  • Counteroffer To Purchase Real Property
  • Acceptance Of Purchase Offer
  • Deposit Receipt
  • Contingency Release

I imagine a Title company needs to be involved to assist with processing the change of title documents and hold funds in escrow. Is this something the buyer decides on or should I utilize a company of my choosing during the sale process.

The first one is always the toughest. Now that my first post is up I look forward to many more.

Regards,

Palbir

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