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Good morning this is Mike Otranto
Thanks for visiting my YouTube channel Mike Buys Houses in Raleigh NC
I want to talk about why it's so important that
both husband and wife sign all the paperwork when selling a home by owner
or doing a real estate transaction between buyer or seller
even an investor
Its so important that a married couple
both husband and wife who need to sell my house fast
sign all paperwork including the deed
This happens a lot to new investors and realty companies in Raleigh NC
Husband and wife need to be on the same page when selling your own home
Maybe the person you spoke to forgot to mention that they were newly married
Whether they are selling a home by owner
for sale by owner "FSBO"
you must ask the seller if they are married up front
its common to make the assumption that you are dealing with the sole owner and decision maker
and that you only need to speak with them about selling their home
When you go to the closing table and the seller is married
you must have both signatures from husband and wife
without this there will be no closing
the attorney or title company will find out
that the seller has a spouse
even if it is only one person listed on the deed
the closing attorney will find this out during the title search
the spouse must sign off on all the paperwork
tenancy by the entirety is the term for this type of ownership
once you are married you will own all assets together
undivided indivisible interest in real property
one spouse cannot sell 50% of their interest to someone else
if you are dealing with investors
even if it is a rental property that was aquired before one got married
the signature of the new spouse will be required
most say that we weren't together when my spouse bought all these properties
so I don't have anything to do with it
but they do..it's very important to get both signatures when
selling a home by owner
or selling your own home
everyone needs to be on the same page
this is one slight detail that will make a transaction fall apart at the last minute
after having invested time and energy
don't let this happen to you!
subscribe to my YouTube channel @ Mike Buys Houses Raleigh
there is plenty of FREE real estate information on how to sell my house fast
go to my blog at www.MikeOtranto.com/blog
there is more FREE tips and tools to help you sell a house fast in Raleigh NC
and surrounding areas of Wake County NC