OVERVIEW OF THE BUYING & SELLING PROCESS

Buyer
Seller
 
1 Considers purchasing a home 1 Decides to sell property
2 Selects a real estate agent 2 Selects a real estate agent
3 Determines needs and wants 3 Determines needs
4 Discusses financial issues 4 Prepares home for marketing
5 Views & researches target homes 5 Agent markets the home
6 Makes an offer to buy 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


For a more detailed view of this process, please visit http://www.2c.com/wb_hrpages/hr_gen_sellers.html