Once you’ve reached settlement on your home, there are certain documents you need to keep on hand, just in case. Here is a list of them.
Which documents should you keep after the settlement on your house? Today, I’ll be providing a list of which documents you should keep at your home and file away safely. That way, if you need to access them for tax purposes or to pull out when you sell your home, you can.
1. Purchase agreement. This is your contract to sale, the paper you sign to make the contract legal and binding.
2. Addendums, amendments, riders, or anything that could alter the contract to sale.
3. Any requests for repairs, as well as receipts for repairs. If you’re going to sell the house again, you’re going to want to provide those to the next buyer.
4. Seller disclosures. Keep any lead-based paint disclosures, transfer disclosures, or other documents having to do with the home when you bought it.
“If your HVAC system breaks down in the middle of winter, you don’t want to have to scramble to find your home warranty documents.”
5. Home inspection report. It’s a good reference point if you ever have any trouble with the house; you can go back through the report and check to see if the previous owner fixed or handled the area when they owned it.
6. Any certificates for potential health hazards. This could be something like a pest certificate, mold certificate, or radon remediation.
7. Other inspections or work-related documents.
8. Home warranty documents. Hold onto those documents, as well as the numbers to call, your member ID, and your deductible amount. If a problem occurs, such as your HVAC system breaking down in the middle of winter, you don’t want to have to scramble to find those things.
9. The closing disclosure. The CD that you got from the title company has all the estimated costs, your transfer fees, your recordation, and your deed on it. Usually, the title company will give you a folder to keep those documents in that is easy to store for future access.
If you have any questions, feel free to reach out to me anytime. And if you have a topic you’d like me to discuss, I’d be more than happy to; just send me an email, text, or private message.