Buying or selling a home isn’t exactly a deal that you can close with a cup of coffee and a handshake. The property has to be inspected, financing (if applicable) has to be secured, and often there are several additional issues to be resolved and documents to be drafted, executed, and recorded. Choosing the right property is often a lengthy and challenging process, but once the property is under contract, much work remains to be done!
Buying or selling a home or an investment property is a very detailed transaction that involves a lot of different professionals, including realtors, lenders, and title and closing agents. Unfortunately, an increasing amount of title research and other title responsibilities is being shipped overseas so that large corporations can create more value for their shareholders by saving on labor costs.
Purchasing a home or an investment property is one of the biggest business transactions that most of us complete in our lives, and so many things have to happen between the time that we make the offer, and are finally handed the keys to the front door. The property has to be inspected, financing (if applicable) has to be secured, and numerous documents and legal filings have to be executed. No matter how many homes that you have bought and sold over your lifetime, it’s always a very important process!