So you’ve made an offer on your dream home, and the seller has accepted…what are the next steps?
Several things still need to happen before the deal can close, and the house can officially become your home.
The closing process (also called the escrow process) generally takes 30-60 days to complete. Much of the work is done behind the scenes by the team of real estate professionals handling your transaction. But you’ll also be involved in several of the upcoming steps.
Here’s an outline of what buyers can expect during the closing process.
That 30-60 day period between accepting a buyer’s offer and closing the deal is a busy time for both parties.
While the buyers are focused securing financing and making sure the house is as it appears to be, sellers are mainly concerned with 1) proving that they have the right to sell the property, and 2) making sure the buyers are aware of the true condition of the property.
Here’s an outline of what sellers can expect during the closing process.
The real estate world is full of myths. Myths that prevent people from making smart decisions when buying and selling and keep people from maximizing their real estate returns.
Let’s count down the top five biggest real estate myths. And debunk each one!
Reprinted with permission from Real Estate Broker’s Insider. www.BrokersInsider.com
Franchise System President Combines Hard Work, Tech Savvy
Patrick van den Bossche brings an atypical background to his role as president of Realty Executives International, the Arizona-based franchise system with 500 offices and 8,000 agents.
Van den Bossche’s resume includes stints at companies such as Barrett-Jackson Auction Co., the firm known for high-end auto sales, and Echo Automotive Inc.
But van den Bossche — who was named this year to a top job at Realty Executives — is quick to point out that he has held a real estate license since 2005. And he says manufacturing isn’t so different from real estate.
Continue reading Patrick van den Bossche Featured in Real Estate Broker’s Insider
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