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Steps to Buying
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| 1) |
Determine a Need |
| 2) |
Define the Need (e.g. geography, size, price
range, building type, land size) |
| 3) |
Start the Search |
| 4) |
Find the Properties Meeting the Requirement |
| 5) |
Submit Offers |
| 6) |
Focus on One Property |
| 7) |
Negotiate Purchase Agreement |
| 8) |
Execute Purchase Agreement |
| 9) |
Locate Financing if Necessary |
| 10) |
Complete Due Diligence (e.g. zoning compliance,
physical inspection, lien check, ownership authentication) |
| 11) |
Close Sale |
| 12) |
Move into Property |
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