This popular package contains the following forms for your state:
(1) Offer to Purchase, (2) Real Estate Sales Contract, (3) Residential Disclosure Statement, (4) Lead-Based Paint Disclosure, and (5) EPA Lead-Based Paint info Pamphlet. Definitions, form explanations, and general information about the real estate transaction are also included. Buying or selling a home is the most important transaction most people will ever encounter. This package makes the process much easier to understand.
Fort Wayne Indiana Real Estate Home Sales Package with Offer to Purchase, Contract of Sale, Disclosure Statements and more for Residential House
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State:
Indiana
City:
Fort Wayne
Control #:
IN-HOME
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Word;
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PDF
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How to fill out Indiana Real Estate Home Sales Package With Offer To Purchase, Contract Of Sale, Disclosure Statements And More For Residential House?
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FAQ
A property disclosure statement must include information about the property's condition, any existing defects, and updates or repairs made over the years. Additionally, it should disclose any environmental hazards or other issues that may affect the sale. The Fort Wayne Indiana Real Estate Home Sales Package assists you in ensuring that all relevant information is properly documented.
Do I need a real estate attorney to sell my home in Indiana? No, sellers aren't required to hire a real estate attorney in Indiana. However, an attorney can be a valuable resource if you have questions about reviewing offers, writing up a purchase agreement, or finalizing the closing process.
A disclosure statement is not required for some transactions, including the sale of a newly constructed dwelling which has never been inhabited and a lease with option to purchase where the lessee already occupies the dwelling.
A person filing a sales disclosure form marked only with sales conditions subject to a disclosure filing fee shall pay a fee of ten dollars ($10.00) to the county auditor. CONVEYANCE ? means any transfer of a real property interest for valuable consideration.
Indiana state law (IC 6-1.1-5.5) requires the filing of a sales disclosure form (SDF) whenever real property is sold. These data are used by assessors in the determination of the annual market-based adjustments of assessed property values.
The State of Indiana requires the filing of a sales disclosure form (SDF) whenever real property is sold.
The short answer is yes, a buyer or seller can back out of a home sale. Usually, the buyer has more ways to back out of a deal, as it's rare and more difficult for a seller to change their mind. When a house is for sale, buyers are the ones who present offers to sellers ? and their offers usually include contingencies.
Indiana's Residential Real Estate Disclosure Law, Indiana Code 32-21-5-2 requires the property seller to complete the Disclosure Form, which is available on-line. Most realtors are familiar with this form and have one readily available.
Indiana law (IC 32-21-5) generally requires sellers of 1-4 unit residential property to complete this form regarding the known physical condition of the property. An owner must complete and sign the disclosure form and submit the form to a prospective buyer before an offer is accepted for the sale of the real estate.