What to Expect When Selling Your South Lake Tahoe Real Estate You should select a professional real estate agent to represent your needs. Once you establish a working relationship with your agent, your home is put on the market and marketed to potential buyers. Once a buyer makes an offer on your home you have three options: accept the offer, counter the offer, or reject the offer. After you accept an offer you can expect to do the following: |
· | Escrow is opened and buyer deposits “earnest money” into escrow. |
· | Seller submits documents and information to escrow holder, such as: – addresses of lien holders – tax receipts – equipment warranties – home warranty contracts (if any) – any leases and/or rental agreements. |
· | Seller approves and signs the escrow instructions, grant deed and other related documents required to complete the transaction. |
· | Seller orders inspections, receives clearances and approves final reports and/or repairs to the property as required by the terms of the purchase and sale agreement (responsibility for inspection procedures may vary). |
· | Buyer and Seller fulfill any remaining conditions specified in the contract and/or escrow instructions; approves the pay off demands and/or beneficiary’s statements. |
· | Buyer and Seller approve any final changes by signing amendments to the escrow instructions or contract. |
· | Buyer and Seller fulfill any remaining conditions specified in the contract and/or escrow instructions; approves the pay off demands and/or beneficiary’s statements. |
Note: The above is general information only. Your situation may differ. Please consult your real estate professional for details about your specific situation. |
For more information on selling South Lake Tahoe real estate, give me a call. I would be happy to share the current market conditions and discuss the process further.
Leave a Reply