Erase In Legal Indiana Home Sale Forms For Free

Unlike some states, Indiana does not require that you have a real estate attorney physically present during closing. You are allowed to handle closing on your own. However, as with all legal matters, just because you can do it on your own doesn't mean you should.

The Land Contract or Memorandum must contain the names of the buyer and seller and the seller must be the property owner of record. The Land Contract or Memorandum must contain the complete legal description of the property, which can be found on the property owner's previous deed.

What should a Agreement for Sale cover? The relevant personal details of the parties such as full name, residential addresses and ages of the parties to the agreement, Description of the goods/property to be sold by the seller, Method of delivering the goods and the time taken for the delivery of such goods/properties,

The buyer will pay you the purchase price and you will give them a clear title and any transfer documents. You'll then pay off any existing mortgage and pay your agent his or her commissions. You do not need to be physically present at closing in Indiana as long as all costs are paid and documents are signed.

A realtor is not required to sell your home in Indiana. Many people choose to sell their homes on their own, known for sale by owners. With realtor fees anywhere from 5-7% of the home sale price, many sellers choose to save on fees and do the legwork themselves.

Here are 6 steps to sell a house by owner in Indiana: Prepare your home for sale. Set a price. List your home. Show your home. Negotiate the best price. Close.