Steps in the Buying and Selling Process
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The real estate transaction is complex – but luckily, navigating you through every step of the sale is my expertise! Here are several considerations and and steps you should consider if you are buying or selling your home.
Home Buying Process
Considerations
Needs, Wants & Priorities
Purchasing Time Frame
Financial Parameters, Closing Cost & Downpayment Amount
Select Realtor
Select Lender/Bank
Preparation
Financing Pre-Approval
Assess Market Conditions & Values
Neighborhood Pros & Cons
Search
Home Showings & Open Houses
Learn the Market
Find the home you wish to buy
The Offer
Review Property Documents
Comparative Market Value Analysis
Negotiation of Best Terms & Price
Contingencies - Inspections, Financing, Closing Date
Home Selling Process
Considerations
Create Ideal Timeline & Determine Goals
Select Realtor
Preparation
Learn the Market
Determine Pricing Strategy
Make Property Repair (If necessary)
Prepare Property to Show
Photos Are Taken
Marketing
Broker to Broker Marketing
MLS/Signage/Advertising
Online Marketing
Showing
Brokers' Tours & Open Houses
Showings by Appointment
The Offer
Financially Qualify Buyer(s)
Negotiation of Best Price and Terms
Coningencies - Inspections, Financing, Closing Date
… After the Offer Has Been Accepted
Escrow
Create Timeline of Events
Open Escrow Account
Buyer Good-Faith Deposit
Title or Abstract Report
Due Diligence
Lender Appraisal
Property Inspection & Investigation
Review of Disclosures and Reports & Approval
Removal of Contingencies of Sale
The Week Before Closing
Final Walk-Through
Review and Sign Closing Documents
Buyer Final Deposit
Funding of Loan
Day of Closing
Review and Sign Closing Documents
Loan Funding
Recordation of the Deed
Close of Escrow
Delivery of Keys
Proceeds to Seller
Move In!
