What is the first step in buying or selling real estate?

Step number one in buying or selling real estate is always a contract for sale and purchase. The contract is signed by the buyer and seller and that way we know there is a meeting of the minds. It is customary for the buyer to prepare the contract and then present it to the seller. After the contract is signed, the buyer begins looking for financing. Once the financing is approved, there is a closing where documents and monies change hands. The seller normally chooses the closing agent. ... more