What to Expect When Selling Your Home

You should select a professional real estate agent to represent your needs. Once you establish a working relationship with your agent, your home is put on the market and marketed to potential buyers. Once a buyer makes an offer on your home you have three options: accept the offer, counter the offer, or reject the offer.

After you accept an offer you can expect to do the following:

  • Escrow is opened and buyer deposits "earnest money" into escrow.
  • Seller submits documents and information to escrow holder, such as:
    - addresses of lien holders
    - tax receipts
    - equipment warranties
    - home warranty contracts (if any)
    - any leases and/or rental agreements.
  • Seller approves and signs the escrow instructions, grant deed and other related documents required to complete the transaction.
  • Seller orders inspections, receives clearances and approves final reports and/or repairs to the property as required by the terms of the purchase and sale agreement (responsibility for inspection procedures may vary).
  • Buyer and Seller fulfill any remaining conditions specified in the contract and/or escrow instructions; approves the pay off demands and/or beneficiary's statements.
  • Buyer and Seller approve any final changes by signing amendments to the escrow instructions or contract.
  • Buyer and Seller fulfill any remaining conditions specified in the contract and/or escrow instructions; approves the pay off demands and/or beneficiary's statements.

Note: The above is general information only. Your situation may differ. Please consult your real estate professional for details about your specific situation.

Why Use a Real Estate Agent
What to expect When Selling your Home
Sellers Check List
List your HOME - contact us

Aroostook Real Estate
112 West Main St.
Fort Kent, ME 04743
Toll Free 1-877-670-4545
Voice 207-834-4545
Fax 207-834-4546

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Aroostook Real Estate
54 North St
Presque Isle, ME 04769
Toll Free 1-866-762-4001
Voice 207-762-4001
Fax 207-764-2957