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Step 5 Closing | The Ultimate Guide to Successfully Sell your home fast
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🏡 Ultimate Guide to Selling Your Home - Part 5: Closing the Deal! | Real Estate Tips by Prachi Arora, Calgary Realtor
Welcome back, homeowners! Prachi Arora here, your friendly real estate agent in Calgary. If you've been following our series on selling your home, we've reached the grand finale - the Closing process! Before we dive in, make sure to hit that subscribe button for weekly real estate insights.
In this episode, we're unraveling the intricate world of negotiations, the crucial step before reaching the Closing stage. As a DIY home seller, you'll need to be your own advocate. Ensure any offers you receive are in writing, as verbal agreements hold no weight in real estate.
Negotiations:
✔️ Written Offers: Protect both parties with a signed Purchase Contract.
✔️ Be Flexible: Price isn't the only factor; consider terms, repairs, and document transparency.
Purchase Contract:
📝 Review a Standard Buyer’s Contract: Understand the essentials, including offer price, deposit, terms, inclusions/exclusions, and offer expiration conditions.
🏡 Conditions: Learn about common conditions like financing and property inspections.
Closing Process:
📅 Closing Date: Finalize the transfer of property ownership.
🤝 Lawyer Up: A real estate lawyer is essential for a smooth closing process, ensuring trust, deposit handling, and proper paperwork.
Fees:
💼 Closing Fees: Account for legal fees, land transfer taxes, and additional expenses.
💰 Buyer’s Agent Fee: Acknowledge this term from the Purchase Contract.
Now, you're armed with the knowledge to navigate the closing process like a pro! Make sure you've subscribed for more real estate tips.
🔍 Learn more about Making an Offer and Buyer’s Contracts: [Link to additional resources]
Thank you for joining me on this series. If you found it valuable, hit that subscribe button – it's just a click away. Until next week, happy selling! 👋🏽
#RealEstate #HomeSelling #DIYHomeSales #ClosingProcess #CalgaryRealtor #SubscribeNow
Welcome back, homeowners! Prachi Arora here, your friendly real estate agent in Calgary. If you've been following our series on selling your home, we've reached the grand finale - the Closing process! Before we dive in, make sure to hit that subscribe button for weekly real estate insights.
In this episode, we're unraveling the intricate world of negotiations, the crucial step before reaching the Closing stage. As a DIY home seller, you'll need to be your own advocate. Ensure any offers you receive are in writing, as verbal agreements hold no weight in real estate.
Negotiations:
✔️ Written Offers: Protect both parties with a signed Purchase Contract.
✔️ Be Flexible: Price isn't the only factor; consider terms, repairs, and document transparency.
Purchase Contract:
📝 Review a Standard Buyer’s Contract: Understand the essentials, including offer price, deposit, terms, inclusions/exclusions, and offer expiration conditions.
🏡 Conditions: Learn about common conditions like financing and property inspections.
Closing Process:
📅 Closing Date: Finalize the transfer of property ownership.
🤝 Lawyer Up: A real estate lawyer is essential for a smooth closing process, ensuring trust, deposit handling, and proper paperwork.
Fees:
💼 Closing Fees: Account for legal fees, land transfer taxes, and additional expenses.
💰 Buyer’s Agent Fee: Acknowledge this term from the Purchase Contract.
Now, you're armed with the knowledge to navigate the closing process like a pro! Make sure you've subscribed for more real estate tips.
🔍 Learn more about Making an Offer and Buyer’s Contracts: [Link to additional resources]
Thank you for joining me on this series. If you found it valuable, hit that subscribe button – it's just a click away. Until next week, happy selling! 👋🏽
#RealEstate #HomeSelling #DIYHomeSales #ClosingProcess #CalgaryRealtor #SubscribeNow
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