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 Welcome to Real Estate Class...

It is our goal to help you understand how a real estate transaction works so you can make informed decisions.

Obviously Sellers become Buyers and Buyers eventually sell ... so it's a good idea to look at your real estate transaction from both sides before going to "class".. 

Seller's Classes                    Buyer's Classes


Real Estate Transaction Overview
SELLER BUYER
Decides to sell property Considers purchasing a home
Prepares Home for Marketing
Clean, Repair, Paint, etc.
Gets Pre-Qualified for Mortgage
Knows His Price Range
and Financial Obligations
Selects a Listing Agent
Determines Market Value
Selects a Buyer's Agent
Identifies Wants & Needs
Lists Property in
Board of Realtors
Multiple Listing Service ("MLS")

  Advertises with Signs, Publications and on Internet. 

Searches for Properties that Match Price and Desired Features

Identifies Potential Properties

Permits Showings

 Receives Offers

Visits Desirable Properties

 Makes Written Offer

Accept, Reject or Counter Offers
Negotiate ~ Agree to Terms ~
Property Under Contract
"Option Period" Begins
Title Company Opens File Buyer has Property Inspected
Both Parties Agree to Final Terms
 or
or Buyer can Excercise Option to Cancel Contract
"Option Period" Ends
Prepare to Move Finalize Loan Details
 Appraisal & Survey
Homeowners Insurance
 Sign Closing Documents
Funds Paid
Moves Out Moves In

HOW TO PREPARE FOR YOUR REAL ESTATE TRANSACTION!

Wow!  We have a LOT of information to help you be an informed Seller or Buyer ...
and we will be adding more! 
Don't be overwhelmed.  Remember you can call or email us with any questions!

Seller's Classes                    Buyer's Classes

Making Your House Pay Off

Click here to ask a Question!


GATEWAY


• Home • Buyers Overview • Sellers Overview • Making Your House Pay Off • Home Inspections

RickRealtor Team
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512-288-8711

 

Last modified: 
Wednesday, November 05, 2008

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