REAL ESTATE TRANSACTION
What are the steps for a successful purchase? What are the steps for a successful sale?
The deadlines and important stages of a real estate purchase or sale
Get to know what your home is truly like and how well it would sell in the real estate market.
Withdrawal period of the sales agreement for the purchaser (SRU Law).
10 days
Rendering estimate, validation of the commercial strategy and signature of sales mandate
If the buyer continues with the sale, they are given time to deal with the financing for their property purchase. This may include getting a mortgage, applying for a bank loan, etc.
Implementing a dedicated marketing strategy that can get your property out there. This includes getting featured on property portals, setting up a 3D virtual tour, etc.
Once the loan is approved, you'll have to wait for 45 days until the loan is validated and given to the buyer. Only then can you continue with the final steps of the sale.
Choosing the right buyer from a list of interested parties. This is followed by setting up appointments when they can visit the place in person.
Upon confirmation of the purchase and payment, the conditions set in the promise of sale are lifted and final contracts are then signed.
Negotiation of sale at the best price and validation of the written and signed offer to purchase
Before the final step of the sale, both parties need to review all the paperwork and get them notarized.
Preparation and appointment to sign the sales agreement or promise of sale at the notary
The final deed of sale is signed by both parties and, upon notarization, effectively completes the sale of the property.