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Buying Information -> Steps in the Buying and Selling Process
| START Prospect considers the purchase of a home |
END Closing |
START Homeowner decides to sell |
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| Buyer selects sales associate | Pre-closing inspection | Seller selects listing associate | ||
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| Buyer obtains mortgage pre-approval | Final mortgage approval; title/escrow company searches title | Seller prepares the home for marketing | ||
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| Insepct homes that meet the buyer's requirements | Buyer makes mortgage application, appraisal, credit report, and home inspection | Broker/Agent markets the home | ||
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| Select home, write offer and present it through selling agent |  |
Offer accepted |  |
A showing results in an offer through the listing agent |
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| Possible contingencies | Possible contingencies |
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