Issues To Resolve BEFORE Selling Your Home

The decision to sell your home is a big one that should not be taken lightly. Your home is likely your greatest financial asset, and you'll want to be confident that you are maximizing your investment. Under the right circumstances, selling your home can be a great way to improve your financial situation. In order for this to happen, two primary conditions need to be met:
  • The market should to be in a favorable position for sellers - that is, there should be an abundance of interested buyers.
  • All potential issues that may hinder the sale of your home should be addressed before it is listed.

Our Lake of the Ozarks title company is here to help you maximize your investment by ensuring that these conditions are met before you sell your home.

Getting The Market In A Favorable Position

Let's cut to the chase. As a homeowner, there is little you can do to impact the condition of the housing market. However, you can (in many situations) choose when to sell based on the current position and prediction for the future condition of the housing market. If you have a choice of whether or not to sell your home, we recommend timing it so that you do so when the market is favorable.

Because the number of interested buyers vastly outweighs the number of homes currently on the market, the National Association of REALTORS® has released reports indicating that now is an excellent time to sell. If you have been debating selling your home, it may be wise to do so sooner than later.

Addressing Issues Prior To Listing Your Home

If your title is free and clear, you should have no issue selling your home. Unfortunately, there are a number of title issues that, if present, must be resolved before your property is legally allowed to change ownership. Here are a few examples:
  • Mechanics/Contractor Liens - If you fail to pay a contractor (painter, construction worker, roofer, etc) for their services, you may have one of these liens placed against your title. You will not be allowed to sell your home until you have paid them the money owed to them.
  • Tax Liens - If you become delinquent on your taxes, a tax lien may be placed on the title. Your tax payments must be brought up-to-date before the sale.
  • Judgments - Judgments are frequently placed on real estate belonging to individuals who fail to pay creditors, child support, etc. These must be repaid in order for the judgment to be lifted.
  • Encroachments - If there has been a dispute over your boundary line or unresolved encroachment issues, these will have to be addressed before your property can be sold. 

It is important to note that this list is by no means comprehensive. These examples can and do occur, but there are other issues that can prevent a property from being sold. Some issues may not even be yours, specifically. For example, if you have a common name, there may be a mark on your title that was intended for another individual.

Arrowhead Title, Inc. Is Here To Help

Our title company can conduct a thorough title report to identify any issues that may hinder the sale of your property. If issues arise, our title professionals at the Lake of the Ozarks can coach you through the process of clearing your title so that you may move forward with the sale. Some issues may be easily resolved at closing, but others may require attention in advance. If you have questions about resolving your title issues, contact us at 573-302-1950.

The Lake of the Ozarks' Most Trusted Title Company
Where Accuracy Matters!

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750 Bagnell Dam Blvd Suite B
Lake Ozark, MO 65049


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