RISMedia
  • News
  • Premier
  • Reports
  • Events
  • Power Broker
  • Newsmakers
  • More
    • Publications
    • Education
No Result
View All Result
  • Agents
  • Brokers
  • Teams
  • Marketing
  • Coaching
  • Technology
  • More
    • Headliners New
    • Luxury
    • Best Practices
    • Consumer
    • National
    • Our Editors
Join Premier
Sign In
RISMedia
  • News
  • Premier
  • Reports
  • Events
  • Power Broker
  • Newsmakers
  • More
    • Publications
    • Education
No Result
View All Result
RISMedia
No Result
View All Result

What Happens During a Real Estate Transaction?

Home Exclusive Canada
November 5, 2019
Reading Time: 1 min read
What Happens During a Real Estate Transaction?

If it’s your first time buying a home, here’s what you need to know.

The Offer
Once your offer is accepted, documents are prepared. Your attorney will put the contract together.

Due Diligence
Your attorney will take care of the research. This includes title searches and property taxes.

Statements of Adjustments
The seller’s attorney will handle the balances. They’ll consider purchase price, any credits and any prepaid items.

The Closing
The attorneys and agents will double-check all the puzzle pieces. This includes the mortgage, agent commissions, title documents, etc.

Once all the paperwork is done and the mortgage is approved, you’re ready to move in!

ShareTweetShare
Liz Dominguez

Liz Dominguez

Liz Dominguez is RISMedia’s Senior Online Editor. She compiles RISMedia’s daily newsletters, reports on breaking news and is generally jumping in wherever editorial assistance is needed. Liz’s goals are continuous learning and storytelling that resonates with readers. She’s currently pursuing her Master’s in Journalism from Harvard Extension School.

Related Posts

Feeling Stressed and Overwhelmed? Try Decluttering
CRISIS-Friendly

Feeling Stressed and Overwhelmed? Try Decluttering

February 16, 2024
CRISIS-Friendly

Does Your Home Need More Storage Space?

June 29, 2022
Brighten Your Home With These 6 Design Tips
CRISIS-Friendly

Brighten Your Home With These 6 Design Tips

October 21, 2021
Choosing Between a Fixed- and Variable-Rate Mortgage
Exclusive Canada

Choosing Between a Fixed- and Variable-Rate Mortgage

December 20, 2019
Update Your Home for Under $200
Exclusive Canada

Update Your Home for Under $200

December 20, 2019
Here’s What You Should Know About Property Taxes
Exclusive Canada

Here’s What You Should Know About Property Taxes

December 20, 2019
Please login to join discussion
Tip of the Day

AI as Your Sidekick: Keepin’ It Real in Real Estate

Everyone is talking about AI. It’s in your inbox, your newsfeed, probably even your group chat. If you’re feeling a little AI-fatigued, you’re not alone. But don’t roll your eyes just yet. Read more.

Business Tip of the Day provided by

Recent Posts

  • Talking Shop: Attainable Luxury and the Evolving High-End Market
  • The Anatomy of a Failure
  • Twenty-Five Years of Giving 100% to Agents

Categories

  • Spotlights
  • Best Practices
  • Advice
  • Marketing
  • Technology
  • Social Media

The Most Important Real Estate News & Events

Click below to receive the latest real estate news and events directly to your inbox.

Sign Up
By signing up, you agree to our TOS and Privacy Policy.

About Blog Our Products Our Team Contact Advertise/Sponsor Media Kit Email Whitelist Terms & Policies ACE Marketing Technologies LLC

© 2025 RISMedia. All Rights Reserved. Design by Real Estate Webmasters.

No Result
View All Result
  • Home
  • Premier
  • Reports
  • News
    • Agents
    • Brokers
    • Teams
    • Consumer
    • Marketing
    • Coaching
    • Technology
    • Headliners New
    • Luxury
    • Best Practices
    • National
    • Our Editors
  • Publications
    • Real Estate Magazine
    • Past Issues
    • Custom Covers
  • Events
    • Upcoming Events
    • Podcasts
    • Event Coverage
  • Education
    • Get Licensed
    • REALTOR® Courses
    • Continuing Education
    • Luxury Designation
    • Real Estate Tools
  • Newsmakers
    • 2025 Newsmakers
    • 2024 Newsmakers
    • 2023 Newsmakers
    • 2022 Newsmakers
    • 2021 Newsmakers
    • 2020 Newsmakers
    • 2019 Newsmakers
  • Power Broker
    • 2025 Power Broker
    • 2024 Power Broker
    • 2023 Power Broker
    • 2022 Power Broker
    • 2021 Power Broker
    • 2020 Power Broker
    • 2019 Power Broker
  • Join Premier
  • Sign In

© 2025 RISMedia. All Rights Reserved. Design by Real Estate Webmasters.

X