A Guide to Buying Real Estate

1. Financing

Since everybody's requirements are unique, contact a Dupuch Real Estate sales agent today to discuss your financing needs.

2. Broker Client Relationship

Forming a personal relationship with your ERA agent is the key to finding what is right for you. Our agents become educated what you want, gets to understand your likes and dislikes through a long lasting relationship of working together. That means you deal with only one agent and see only the most appropriate Bahamas properties in our extensive and regularly updated database of Bahamas Real Estate Listings.

3. Earnest Money Deposit

After deciding that you want that dream property, a deposit is offered, the property is taken off the market and the sales agreement is signed.

4. The Sales Agreement

An agreement between the buyer and the seller detailing the terms of the transaction such as what is being sold, for how much, and the schedule of payments to name a few. Your attorney will complete the title search, draft the conveyance (exchange of ownership), handle the exchange and disbursements of all monies as well as oversee the signing and registration of all documents.

5. Completion

Upon closing, the property is conveyed to the new owner after the seller has shown good title and the balance of the purchase money is paid. At this time all the closing costs like legal fees, government stamp tax, real estate commissions and recording fees are disbursed. Buyer and seller normally split the stamp tax and are responsible for their own attorney's fees.

Congratulations! It's Moving Time.

Related articles:

• Cost and Fees
• Rentals and Leases