Posts Tagged ‘realtor tips’

Home Buyer and Seller Checklist: Steps of the purchase process, Buy and Sell Real Estate – Big Block Realty

Home Buyer and Seller Checklist: Steps of the purchase process, Buy and Sell Real Estate – Big Block Realty

 

The following 35 steps describe all the steps that your REAL ESTATE TEAM (your Real Estate Agent, lender, and the title and escrow company) will perform so that your transaction is successful. After each description, you will see who is associated with that step, labeled in brackets.

These steps have been numbered to make the process easy to follow, although some of them may occur at the same time. Check with your Real Estate Agent or your lender if you need more detail or clarification.

1. Pre-approval and evaluation of your ­financing options [Lender]

2. The loan application form is completed [Lender]

3. Choosing the desired property, and presenting the purchase offer and the initial good-faith deposit [Real Estate Agent]

4. The transaction is started at the Title and Escrow Company [Title and Escrow Company]

5. Property inspections are ordered [Real Estate Agent]

6. Credit report and property value assessment are ordered [Lender]

7. The contract is reviewed with particular attention to the steps with specific dates [All team members]

8. The preliminary title report is reviewed and sent to the lender and the Real Estate Agent [Title and Escrow Company]

9. The disclosure reports are delivered to the buyer [Real Estate Agent]

10. The preliminary title report is reviewed [All team members]

11. The desired loan is selected [Lender]

12. The inspections are reviewed and/or the contingencies are eliminated [Real Estate Agent]

13. The contingencies are removed from the loan and the deposit is increased if necessary [Real Estate Agent]

14. Receipt of increased funds [Title and Escrow Company]

15. Final gathering of documents for loan approval [Lender]

16. The Escrow Agent ensures that the title report is free of errors and that it complies with any additional instructions [Title and Escrow Company]

17. The package is sent to the lender (risk assessor) for ­final approval [Lender]

18. Discussion about the selection of an agent for insurance against hidden defects [Real Estate Agent]

19. The loan is approved and the loan documents are ordered [Lender]

20. The loan documents are sent to the title company [Title and Escrow Company]

21. The property owner’s hidden defects insurance is ordered [Title and Escrow Company]

22. The closing date, and the required fi­nal balance needed to close the transaction, are confi­rmed [Real Estate Agent]

23. The Real Estate Agent gives fi­nal instructions for the closing [Real Estate Agent]

24. Final conditions of the loan are reviewed with the escrow agent [Lender]

25. The escrow instructions are formulated [Title and Escrow Company]

26. The escrow instructions are signed (by both Buyer and Seller) and the loan documents are also signed (by the Buyer) [Title and Escrow company]

27. The signed documents are returned to the lender along with the hidden defects insurance policy [Title and Escrow Company]

28. Final visit to the property [Real Estate Agent]

29. The loan ­le is reviewed [Lender]

30. The monetary exchange occurs [Lender]

31. The buyer deposits the funds balance in the escrow account [Title and Escrow Company]

32. The team decides that other measures are necessary for closing [All team members]

33. The documents are registered (the deed) at the county office [Title and Escrow company]

34. The transaction is closed. Final accounting: Checks are written and sent, a ­final account statement is produced,

and all parties are summoned and notified of the closing [Title and Escrow company]

35. The keys are handed to the new owner [Real Estate Agent]

Hope this in depth break down helps give you the confidence you need to buy a house, contact me if you have any questions!

 

Big Block Realty, 100% Commission California Real Estate Brokerage

Curb Appeal Realtor Training: How to Sell A Home Quick With Some Simple Curb Appeal Tips

Some times you get properties that are in great condition, and those are
great, but more often you get properties that in one way or another
could use a little love…

Curb appeal is one of the most important factors in selling a home fast.
Buyers determine whether they like a house or not in the first 15 seconds.

And you know what they say… you never get a second chance to make a
first impression.

Many buyers are looking for flaws and if they see them
outside, there is a good chance that the thought of what the
home looked like is going to stick with them. Before they
buy a home, the buyers want to envision themselves living in
the home.

Here are a few ideas that a home owner can use to make a huge
difference in selling the home but won’t break the budget.

• Swap out the old “Welcome” mat with a new one.
• Make sure that the doors are easy to open and they may wantCurb Appeal Tips - 100 Commission Real Estate
to paint them.
• Replace the porch lights and house numbers if they are broken
or tarnished
• Add a nice bench or a couple of chairs on the porch, if you
there is space available.
• Make sure the yard is manicured, weeds pulled and the shrubs
are cut.
• Remove any cobwebs, dead plants, old mail etc
• Clean foggy and dirty windows
• Sweep the driveway and the entrance to the house.

Take a walk through the inside of the property and see what
the home needs. Some less expensive updates you can do to a
home is new lighting and replacing older mirrors in the
bath.

Make sure that the property smells clean and neutral. Get an
air-freshner and you could even wash or paint the interior walls
and ceilings. This will aid in keeping the home smelling fresh.

Cleaning the bathroom and kitchen counters will also assist
with making the home feel clean and smell fresh.

Take the time to do some of these quick cheap and easy
fixes that can help you sell a property quickly.

 

Remember with Big Block Realty You Can Get Paid

100% commission on all your California Real Estate Transactions:

http://www.ZeroBrokerSplit.com