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REAL ESTATE SALE AGREEMENT THIS REAL ESTATE SALE AGREEMENT (this Agreement) is made and entered into as of the Effective Date by and between the Village of Oatmeal, an Illinois municipal corporation
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How to fill out this real estate sale
How to fill out this real estate sale
01
Collect all necessary documents for the sale, including deed, title report, property tax information, and any existing lease agreements.
02
Determine the selling price of the real estate based on market valuation, comparable sales, and any upgrades or repairs made to the property.
03
Advertise the real estate for sale through various channels such as online listings, social media, and local real estate agencies.
04
Schedule and conduct property showings or open houses to potential buyers.
05
Negotiate the terms and conditions of the sale with interested buyers, including the payment method, closing date, and any contingencies.
06
Prepare a purchase agreement or sales contract that outlines the details of the sale and is signed by both the seller and the buyer.
07
Hire a real estate attorney or escrow company to handle the legal and financial aspects of the sale, including the transfer of funds and title.
08
Coordinate with the buyer's agent, lender, and other involved parties to ensure a smooth transaction and timely closing.
09
Complete any required inspections, appraisals, or repairs as stipulated in the sales contract.
10
Attend the closing meeting, where the seller signs the necessary paperwork to transfer ownership of the real estate to the buyer.
11
Receive the agreed-upon payment from the buyer and hand over the keys and legal documents of the property.
12
Notify relevant authorities, such as local tax offices, of the change in ownership and ensure the proper transfer of property taxes and utilities.
Who needs this real estate sale?
01
Individuals who want to sell their real estate property.
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Real estate agents or agencies representing property owners.
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Investors looking to sell their portfolio of real estate assets.
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Legal professionals involved in real estate transactions.
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Financial institutions or banks dealing with property foreclosures or repossessions.
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