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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.
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- 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.
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8. Loan
Application
9. Inspections
10. Title Search
11. Appraisal
12. Loan Approval |
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13. Closing
Papers Signed
14. Documents Recorded
15. Funds Available To Seller |
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- 17. Buyer Moves In
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- 16. Seller Moves Out
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