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 ApproWVl

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


17. Buyer Moves In

16. Seller Moves Out