The sales process step by step

Selling a property is a complex process, so here is a brief and simplified explanation of how a sale is developed step by step:

Step 1 - The offer or purchase proposal

When the buyer decides on your property, the buyer will formally make the offer or purchase proposal. This is the legal mechanism that is used by the buyer to inform the seller that he is interested in buying the property and what is the price at which he wants to buy his property.
The buyer's agent is responsible for guiding the buyer in the creation of this document. This offer must include the mortgage loan approval letter on behalf of the buyer if applicable. If the purchase is made in cash, a bank statement corresponding to the funds to be used by the buyer must be included.

Step 2 - Acceptance of the offer

If you accept the offer, the real estate advisor will take steps to create all the pertinent documentation of the property. Example: The private purchase-sale contract, request for documentation to organizations if applicable, bank appraisal, etc., until we arrive at the notarial deed of sale
A professional real estate agent must know the entire procedure to meet all the deadlines. Remember that non-compliance with any clause leads to financial penalties.

Step 3 - The closure

Once the contracted law firm has thoroughly investigated the title to the property and given its approval, the date for signing the sales contract will be determined. At the time of signing, payment for the remaining amount of the property will be delivered and the title will be transferred to the new buyer.