buyertours bellingham real estate
bellingham real estate
Tuesday, March 25, 2008

Players in the Home Buying Process

This being my very first blog, I thought I would write something for the first-time homebuyers. However, this information is useful for anyone looking to buy or sell real estate.

So have you ever wondered who, exactly, is involved in a typical real estate transaction? Well if you have, google no farther! Grab that cup of Mt. Dew, have a seat, and 'Just sit right back and you'll hear a tale, a tale of a fateful trip...'


Below is my list of 9 players that are involved in your typical transaction. Why only 9 you ask? Why not! Maybe it's because there are 9 U.S. Supreme Court Justices or that 10 reminds me of Pearl Jam's first album, which reminds me how I missed them rocking out in a local bar in Bellingham WA, under a different name, back in the early 90's.


So drum roll please, preferably in the key of E!

The Buyer and Seller (Yes I know that this is actually two players)– Typically have different interests, since the buyers usually wants to pay the minimum price and the seller usually wants to receive the maximum price. However, there has to be a “meeting of the minds” and in most cases the sale ends up as a “win-win” situation in which both parties benefit and get their needs met.

Continue on the next blog...

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