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08

Jan

What is the real estate process in New Jersey?

by admin
  1. Contract drafted with buyer and seller’s agents
  2. Price negotiations
  3. Signed contract – MLS contract
  4. Goes to attorney for review
  5. Mark up contract
  6. Negotiations and addendums
  7. Money put down in good faith
  8. Order title
  9. Inspections and reviews
  10. Mortgage
  11. Title issued to all parties
  12. Title clearance
  13. Lender works to get mortgage commitment
  14. Lender and title coordinate and prepare closing CD
  15. Get fees and hit everyone in transaction
  16. Set up closing
  17. Send closer
  18. Close transaction

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