Monday, August 13, 2012

Selling Your Home–The Contract is Signed Now What Could Go Wrong?

Many buyers and sellers see the home buying (or selling) process as a simple three step process.

From the seller’s perspective it is just
  1. List 
  2. Contract 
  3. Close.
From the buyer’s perspective it is just  
  1. Find house 
  2. Contract 
  3. Close
And it is good to see it that way.

As long as the parties understand their real estate agent continues to work behind the scenes.

While the broad steps above are accurate it is the minor steps in between that can result in a transaction getting derailed before closing.

A real estate transaction does not close once the contract is signed by the buyer and seller.

There is a lot that can happen along the way to the closing table.  Lose a handle and you could spill the entire deal!

What are some the things?  Deliver escrow deposits, coordinate/attend inspections (property, termite, septic,etc), surveys, repairs, obtain/deliver association rules, deal with appraisers, review closing statements, attend final walk through before closings...and a whole lot more. I have rad lists of 100s of activities involved with the transaction.

Suffice it to say you need a reliable professional real estate agent working for you whether buyer or seller.

In Viera, Suntree and Rockledge, Florida, I am available to assist you either as a buyer or seller agent.