STEPS IN THE REAL ESTATE TRANSACTION PROCESS - BUYERS

RESPONSIBLE PARTY

COMPLETE DATE

STEP 1

THE COMPANY – RE/MAX

THE OFFICE – RE/MAX Action

YOUR BUYERTS AGENT

 

Liz

 

STEP 2

THE BUYERS AGREEMENT

Buyer / Buyers agent

 

STEP 3

EVALUATING REQUIREMENTS

Buyer / Buyers agent

 

STEP 4

FINANCING – “PRE-APPROVAL” 

Buyer / Buyers Lender

 

STEP 5

PREVIEWING & VIEWING of PROPERTIES

Buyer / Buyers agent

 

STEP 6

CONSISTENT FOLLOW-UP, PARTNERSHIP

Buyer / Buyers agent

 

STEP 7

EVALUATING PROPERTIES

Buyer / Buyers agent

 

STEP 8

THE SALES AGREEMENT , DETERMINING OFFER PRICE, CONDITIONS  &  PRESENTING THE OFFER

 

Buyer / Buyers agent

 

STEP 9

NEGOTIATING THE SALE

Listing agent / Buyers agent

 

STEP 10

THE AGREEMENTS = A BINDING CONTRACT

Buyer / Seller

 

STEP 11

ATTORNEY REVIEW & INSPECTIONS

Buyer & Seller Attorneys – within 5 days from signing

 

STEP 12

CONSISTENT FOLLOW-UP

Buyers agent

 

STEP 13

BUYERS LOAN COMMITMENT

Buyers Lender - Underwriter / Appraiser

 

STEP 14

TITLE & SURVEY

Sellers Attorney

 

STEP 15

FINAL WALK-THRU (usually the evening before closing)

Buyer & agent

 

STEP 16

$  FINAL FIGURES  $

Sellers & Buyer Attorneys

 

Step 17

CLOSING THE SALE – takes place either at the seller’s attorney’s office or the Title Insurance Company

Buyer, Seller, Attorneys, Agents, Lender’s Closing Officer

 

 It would be my pleasure to guide you through the process - view my testimonials - my past business is my calling card

Call me at 630-699-5799 to answer all you questions!

60515 land 350-700