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I couldn't see any reason to keep mine past seven years. I guess the seven-year limit would be just in case there was a question from the IRS about capital gains.
You could scan them onto a CD just to play it safe, but probably not much reason. I think I would just scan the closing packet and the settlement statement and the Deed.
You could scan them onto a CD just to play it safe, but probably not much reason. I think I would just scan the closing packet and the settlement statement and the Deed.
What I would do is to scan them to my computer and email them to myself as attachments, that way you will always have them and you can access them from any computer and never lose them as long as long as your email is secure.
What I would do is to scan them to my computer and email them to myself as attachments, that way you will always have them and you can access them from any computer and never lose them as long as long as your email is secure.
I guess.....but in all my many sale transactions over the years, I've never had occasion to refer back to the documents for any reason....seems like a waste of time for 7+year documents.
I do, however, have the "showing binder" that one of my agents did for one home....it is fun to look back and see the photos of the house and interior.
I keep everything related to my house purchases....come on, how much room do they really take up? Especially if you store them digitally.
Many years ago we owned a condo. Then we sold it. About 5 years after the sale I got a very nasty letter from the condo association all about stuff on the patio, an hibachi, etc. Look, I didn't even own it, but somehow that never went through their paperwork. All I had to do was copy the settlement statement and send it to them,this place doesn't belong to me!
Ok, if I didn't have the paperwork, guess I could have reproduced it somehow, but it would have required much time digging through old court records, etc, much easier to just have the papers handy, you never know when you might have to prove someone else's mistake.
I keep everything related to my house purchases....come on, how much room do they really take up? Especially if you store them digitally.
Many years ago we owned a condo. Then we sold it. About 5 years after the sale I got a very nasty letter from the condo association all about stuff on the patio, an hibachi, etc. Look, I didn't even own it, but somehow that never went through their paperwork. All I had to do was copy the settlement statement and send it to them,this place doesn't belong to me!
Ok, if I didn't have the paperwork, guess I could have reproduced it somehow, but it would have required much time digging through old court records, etc, much easier to just have the papers handy, you never know when you might have to prove someone else's mistake.
I would've just told them that I sold it on x date and leave it up to them to check the county tax records. That's ridiculous that you should have to prove it to them.
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