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The Buying Process In a Nutshell

Here are the sequence of events to help you see how the buying process moves forward.

1.

  I meet with you to discuss your needs, my role as a Realtor, agency relationship, as well as closing costs (deposit, conditions, financing, etc.)
2.   You should have pre-approval for a mortgage. This shows what you can afford, your budget, and gives you leverage when finding the home of your dreams.
3.   Property search begins, suitable homes selected for viewing.
4.   Hopefully, I show you a home which meets your approval. I would find as much information as possible about the property for you to consider and review.
5.   I help you write an offer for the property, you sign the documents. I meet with the listing agent to discuss terms of the offer. The offer is presented to the seller(s) by the listing agent. The offer is accepted, rejected, or counter-offered.
6.   I would discuss the results with you, additional negotiations may follow. When both parties reach agreement, an arranged ‘sale’ exists, and then you give me your deposit for the property.
7.   I submit copies of the documents to our Re/Max brokerage, your lawyer, and begin arrangements for any services . Any issues are addressed.
8.   I prepare a schedule of events coordinating conditions such as inspection, water test, financing, appraisal, etc. I will make sure all of the conditions are being completed on time for your benefit.
9.   When all conditions in your offer are satisfied (usually a two week period to complete) the sale is firm. You can start organizing for your move.
10.   Closing date- I will be checking to make sure everything is ready near closing date in coordination with the listing agent and lawyers. A pre-closing inspection usually takes place a few days before closing in which you and I will walk through the property to make sure everything is as it should be when you last viewed the property and made your offer.
11.   At this point, the funds have been transferred to the seller, you have received your deed and keys. The sale is closed and you can enjoy your new home.

Congratulations!