What Is A Traditional Transaction Involving The Purchase And Sale Of A Property?

The process of buying and selling property involves various stages, including initial research and evaluation, engaging real estate agents and legal professionals, property inspection and due diligence, negotiating and drafting the sales contract, securing financing and meeting contingencies, and closing the deal while transferring ownership. Understanding and addressing these aspects can help both buyers and sellers navigate property transactions effectively and achieve their desired outcomes with minimized risks and complications.