Don’t be offended if your listing agent asks if the husband or wife will be at the listing presentation. It’s not personal… it’s professional.
Let me explain; in order to sell a property, the listing agent must know all the details and information on who exactly owns the property. There are many unique situations out there and many reasons for selling and if you are not honest with your agent, there could be major repercussions later on in the sale. Here are some of the personal marital situations we need to know in order to property and legally list your Portland home.
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- Previous spouse still on deed
- Quit claim deed in effect
- Live together but are not married
- Power of attorney issues
- One spouse is out of the country, permanently or temporarily
- Abandoned spouse still on title
- One or both could have filed bankruptcy
- LLC involved in the sale
- HELOC (Home Equity Line of Credit) out on home
- Forged signatures
- Beneficiaries of the Title or Will involved
You can see that there are many reasons to verify marital status and financial status of the property before simply throwing a “for sale” sign on the front lawn. There needs to be complete transparency when listing and selling a home, not just for the listing agent but with the lender, title company and on the seller’s disclosure form. No one likes messy situations but in life, it’s inevitable.
As your agent, I want to avoid any major flaws, errors or mistakes during the process and after as well. Being as honest as you can about the listing situation may be difficult but in order to legally list and sell your home, we need to know all we can about the situation.
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Ready to list? Call me anytime for a listing presentation. I sit down with you and discuss the previous information and evaluate your property to find out how much you can sell it for and how long it will take.