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BUYERS CREDIT LOANS PLANNING KNOWNS BROKERS MARKET NEGOTIATIONS APPRAISALS CLOSING WHAT IF?
SELLERS FOR SALE PLANNING CLEARING APPEAL DISCLOSURE OPEN HOUSE THE OFFER APPRAISALS CLOSING WHAT IF?
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Real Estate Pros and the Process

  Here's a profile of the professionals often involved in real estate transactions. 
And a capsule accounting of real estate processes. Costs and times are estimates and assignment of costs are generalized.  Where you see an asterisk there is a further explanation.

Pro or Process Licensed Ordered by Paid by Required Time E$timate

Mortgages

Yes

Buyer B or S* No 24 hrs. *
Brokers Yes N/A B or S* No N/A *
Realtors Yes N/A B or S* No N/A *
Offers N/A N/A N/A Yes N/A N/A
Contracts N/A N/A N/A Yes N/A N/A

Inspections
comment

Yes Buyer Buyer No* 3-4 hrs $275+
Structural Yes Buyer Buyer No 2-3 hrs $200+
Mechanical Yes Buyer Buyer No 2-3 hrs $200+

Termites
comment

Yes Buyer Buyer Yes* 1 hr $75+
Appraisals Yes Mortgage Buyer Yes* 7 days $350+
Repairs Yes Seller Seller No* various *
Insurances Yes Buyer Buyer Yes* 1 day *
Fees N/A N/A B/S * Yes/No N/A *
Lawyers Yes Buyer B/S * Yes* various $450+
Closings N/A Buyer B/S* Yes 1-2hrs N/A*

Surveys
comment

Yes Attorney Buyer No 1-2 hrs $325

How well do you know the "Pros" playing in WinWin Park?   Want to test your knowledge?  Click Here!

Want to know where Charlotte-Mecklenburg Condos and Townhomes are? Click Here.   

 

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