This is a brief rundown of the purchase process.

When buying a property that has been reposessed (or is about to be) a buyer will generally have to be pre-qualified before they can put in an offer on a property. Contact us to discuss how this is done.

What happens next is:

Client finds home they wish to purchase

We write contract offer and submit to listing agent

Listing agent will get back with acceptance or counter, we decide to go higher or say no thanks.

Once an agreement is reached, we follow the terms of the contract. Home inspection, mortgage application etc...

If the inspection is good then the Title company (chosen by seller) puts all the paper work in order, works on getting a clear title for closing.

Mortgage is drawn down / Funds are transferred

You get the keys to your new home!