Page 16 - AZ Home Guide

THE SELLING PROCESS

HOME SELLER

• Choose a REALTOR to Represent You
®
• Prepare Your Home
SELLING • Your Agent Begins Marketing (i.e. Open Houses, Internet, etc.)
• List Your Property

• Receive and Review Buyer’s Offer(s)
• Negotiate Terms and/or Accept Offer
• Open Escrow with Pioneer Title Agency

PIONEER TITLE AGENCY - ESCROW OPENED
• Accepted Contract Received, Escrow Opened, Title and Preliminary Report Ordered
• Conduct Search on Property: owner’s of records, liens, etc.
• Conduct Search on Buyers and Sellers: liens, divorces, etc.
• Review for Clouds on Title
• Buyer Deposits Earnest Money in Escrow
• Buyer Continues Loan Process, Escrow and Title Fees Sent to Lender
• Initial Title and Escrow Instructions Sent to Seller and Buyer for Completion
• Appraisal and Inspections Ordered and Completed
• Loan Processing is Completed and Buyer’s Approval is Received
• Home Warranty is Ordered
• Review Closing Documents Before Closing Appointment

PIONEER TITLE AGENCY - CLOSE OF ESCROW

• Loan Documents are Sent to Title and Signed
• Title and Escrow Documentation is Signed
• Down Payment and Closing Costs are Submitted to Escrow
• Lender Submits Funds to Escrow for Disbursement
• Deed is Recorded and Escrow is Closed

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