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Overview of the Buying & Selling Process
 

 

The Buyer... 1. Considers the purchase of a home. 2. Selects a real estate agent. 3. Determines needs and wants. 4. Discusses financial issues. 5. Views & researches target homes. 6. Makes an offer to buy. The Seller... 1. Decides to sell property. 2. Selects a real estate agent. 3. Determines needs. 4. Prepares home for marketing. 5. Agent markets the home. 6. Accepts, rejects or counters offer.

7. Offer Accepted

8. Loan Application 9. Inspections 10. Title Search 11. Appraisal 12. Loan Approval

13. Closing Papers Signed 14. Documents Recorded 15. Funds Available To Seller

16. Seller Moves Out 17. Buyer Moves In