Philip J. Cunningham Sr.
V.I.P. Realty Corp
7942 Bustleton Ave
Philadelphia, PA 19152
It apprears that more information would better help us understand your question.
Often, a seller signs a contract with a listing agent to sell a piece of property. The list agent markets the property and frequently a different agent brings buyers in to see the property and then may find one that wishes to make the purchase.
At this point an offer is written and negotiated with the agents representing each side. The parties reach agreements on all matters: Price Inspections Mortgage Type and many many more details. They sign a legal binding document that includes a timeline. Each of the agent representatives take care of all the details and get the property to settlement - the time where the property title moves from one owner to another and the mortgage is actually signed.
This is a fairly straightforward concept, but the process can be complex and you most likely need to hire either an attorney or an agent to guide you. Most people need professional help along the way.
Ana Barlow, Coldwell Banker Preferred, Philadelphia