In my pre-listing and listing presentation, I include the standard "Tips for Moving" page on which I list moving resources and tips. One of the sentences reminds clients to be sure to keep their important documents with them when making their move, especially in the event that selling one home will coincide with getting qualified for a loan and/or closing on another.
Having that information in my listing package is one thing. I've learned that I also need to reiterate it to both buyers and sellers as we get closer to closing dates.
It's tax time, and two of my recent buyers are scrambling through their storage and boxes to locate their 1099s and W-2s. We're going under contract on another deal with a seller, and they can't locate their trust documents. They think they might be in that stack of boxes in the garage.
Obviously these clients can all call various entities (their employer, attorney, etc) and get copies of those documents. However, wouldn't it be nice if I was the hero who had reminded them again and again to keep those important documents out of moving boxes?
I'm making a note, and I'm writing this article, to remind both sellers and buyers out there to create a very safe corner in your office or home where you can set aside any documents that might be essential at tax time or for getting your loan funded or your sale closed.
This is important advice for me personally as I'm about to list my own home and begin the packing process. And it will save us from some headaches and chaos in coming months.