Steps in The Purchase Process

Buyers

• Prospect considers the purchase of a home
• Buyer selects an agent
• Discuss financial aspects and buyers' needs
• Buyer is pre-qualified or pre-approved
• Preview homes that meet the buyers' requirement
• Select home-write and present offer
• Offer negotiated & accepted
• Attorney approval
• Arrange for inspections
• Resolve contingencies
• Buyer applies for mortgage appraisal, credit report
• Mortgage approval
• Title company searches title
• Attorneys arrange closing date
• Pre-closing inspection
• Closing

Steps in The Selling Process

Sellers

• Homeowner decides to sell
• Seller selects a Listing Agent
• Seller prepares the home for marketing
• Broker/Agent markets the home
• Broker/Agent provides timely follow-up/feedback
• A showing results in an offer
• Offer negotiated & accepted
• Attorney approval
• Arrange for inspections
• Resolve contingencies
• Buyer applies for mortgage appraisal, credit report
• Mortgage approval
• Title company searches title
• Attorneys arrange closing date
• Pre-closing inspection
• Closing