Overview of the Buying & Selling Process

Buyer

1 Considers purchasing 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
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
 


 

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Last update with revisions 10/10/06

  

This site officially dedicated in loving memory of Wendell Christy