Buying or selling real estate does not need to be intimidating. Here are the simplified steps:
- Contract is negotiated and signed.
- Buyer obtains a loan.
- A title company researches the title to the real estate and issues a Title Commitment (this will lead to an insurance policy on the land).
- Closing documents prepared (this includes loan documents and any documents needed to fix problems in title).
- Closing – this is where the parties sign all papers and land is transferred to the Buyer.