Pre-Listing

✓ Talk to a Realtor

✓ Talk to a lender if you're selling and buying

✓ Research what you can buy/afford for your next home

✓ Determine value/list price of current home

✓ Make any necessary repairs or updates to improve value

✓ Professional photographs

✓ Coordinate showing instructions

Listing Your Home for Sale

✓ Receive offer/draft counteroffer if necessary

✓ Home placed under contract

✓ Earnest money received, buyers schedule inspection and continue loan process

✓ Buyer request repairs via inspection objection

✓ Respond with inspection resolution as to what is agreed to be fixed

✓ Appraisal ordered, received and final loan approval is given

✓ Buyer’s agent schedules final walk-through just prior to closing

✓ Closing the transaction - typically takes 1 hour, proceeds are received via check or wire and loan is paid via wire transfer

Challenges

✓ Buyer does not receive approval for loan

✓ Unable to resolve inspection resolution

✓ Buyer's earnest money refunded in full if the loan objection date or inspection objection date has not passed