The Essential Documents for Home Sellers and Buyers_ A Realtor's Perspective in Greenwich.

1. The Essential Documents for Home Sellers and Buyers: A Realtor's Perspective in Greenwich. In the picturesque town of Greenwich, where the real estate market is renowned for its charm and desirability, buying or selling a home is a significant transaction. Whether you are a seasoned homeowner or a first-time buyer, understanding the essential documents involved in the process is crucial. As a realtor in Greenwich with years of experience in this thriving community, I'm here to shed light on the vital paperwork that both sellers and buyers should be aware of. For Sellers: 1. Listing Agreement: The first document you'll encounter is the listing agreement, which formalizes your relationship with the real estate agent. 2. Property Disclosure Form: Sellers must complete this form, disclosing any known issues or defects with the property. 3. Purchase and Sale Agreement: This legally binding document outlines the terms and conditions of the sale, including the agreed-upon price and contingencies. For Buyers: 1. Purchase Offer: The purchase offer is your initial proposal to the seller, outlining your intended purchase price and terms. 2. Home Inspection Report: This document details the findings of the professional home inspection, helping you understand the property's condition. 3. Mortgage Documents: These include the loan application, approval letter, and the mortgage agreement, outlining the terms of your home loan. Navigating the real estate market in Greenwich is a rewarding experience, but it's crucial to be well-informed about the essential documents involved. Working closely with a knowledgeable realtor can make this process smoother and more manageable, ensuring that your dream home transaction goes off without a hitch.