Selecting a Home and Closing the Deal
Sharon Stamper Thompson, Sales Associate
311 Boston Post Road, Wayland, MA 01778
Phone (508)358-5131, Fax (508)358-5734
Voice Mail (508)383-0200, E-Mail sharon@ma.ultranet.com
I will help you through the various steps to close the deal on
your home. These steps are:
- Offer to Purchase A contract detailing the property to
be purchased, conditions, timing, financing and other specific
items to be sold. This is typically negotiated between seller
and buyer until agreement has been reached or becomes apparent that
agreement will not be possible.
- Inspections After an agreed upon Offer to Purchase, the
buyer may conduct inspections of the house before entering into the
binding contract of a Purchase and Sale agreement.
- Purchase and Sale A written document in which the
purchaser agrees to buy certain real estate and the seller agrees
to sell under stated terms and conditions. Also called a sales
contract, earnest money contract or agreement for sale.
- Financing This is the process of obtaining a mortgage
from application through closing.
- Closing The last step in the real estate transaction
in which the deed is signed transferring the property to the buyer
and the seller receives the proceeds of the sale.
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Sharon Thompson
sharon@ma.ultranet.com