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OVERVIEW OF THE BUYING AND SELLING PROCESS
Buyer
| 1 |
Considers purchasing 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 |
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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 |
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| 7 |
Offer Accepted |
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| 8 |
Loan Application |
| 9 |
Inspections |
| 10 |
Title Search |
| 11 |
Appraisal |
| 12 |
Loan Approval |
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| 13 |
Closing Papers Signed |
| 14 |
Documents Recorded |
| 15 |
Funds Available To Seller |
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