Steps in the process of buying a property
Glevy Sierra
Glevy Sierra
Navigating the New Times: Simplified Guide to Buying a Resale Property
In the modern era, the process of purchasing a resale property has evolved, but certain key steps remain fundamental. Here's a brief and simplified version to help you better understand the path to your new home:
Step 1 - The Offer: Your First Step Toward Your Dream Home
After choosing the property that captures your heart, the next step is to make an offer. This is the moment you let the seller know you are interested in buying and at what price. Your guide in this process will be the real estate agent, who will assist you in creating the offer document. Make sure to include the mortgage pre-approval letter if applicable. For cash purchases, attach a bank statement supporting the funds you will use.
Step 2 - Offer Acceptance: Making Things Official
If the seller accepts your offer, the legal gears will start turning. Instruction will be given to a "Title Company" to prepare all the necessary documentation for the property transfer, handled by specialized attorneys. Here, the buyer needs to make a reservation for the property, usually paying between 5% and 10% of the total offer amount. This money is placed in an escrow account known as the "Escrow Money Deposit." It's important to note that this process may vary if it's a pre-construction property.
Step 3 - The Closing: Sealing the Deal
Once the attorneys have thoroughly researched the property title and confirmed there are no additional liens, the closing day will be scheduled. In this ceremony, the final payment of the remaining property amount will be made, and the official title transfer to the new owner will take place.
Important: A resale property implies it has had previous owners and is not a new construction. While these steps are essential, keep in mind that the exact process may vary, and it's always advisable to seek guidance from certified professionals before embarking on this exciting journey. Welcome to your new home!
Hi, I’m Glevy Sierra, a bilingual Florida Real Estate Advisor specializing in new construction, pre-construction, relocation, and investment properties across Port St. Lucie, Miami, and Orlando.
I help local and international buyers navigate the Florida market with confidence, whether they are searching for a primary residence, a vacation home, or an investment opportunity with long-term potential.
My approach combines market knowledge, personalized guidance, and a luxury lifestyle experience designed to make the buying process smooth and enjoyable.
I proudly work with:
• Relocation buyers moving from New York, New Jersey, and other states
• International investors seeking opportunities in Florida
• Buyers interested in modern new construction communities
• Clients looking for lifestyle, retirement, and investment-focused properties
Fluent in English and Spanish, I am passionate about helping my clients make informed and confident real estate decisions in one of the fastest-growing markets in Florida.
Let’s connect and explore your opportunities in Florida real estate.
馃搷 Port St. Lucie | Miami | Orlando
馃寧 English & Spanish
馃摬 Schedule a consultation today
Where should you buy?
It is important to know where to buy, the area and its benefits. However, to select the right location it is necessary to know the budget we have. As a Real Estate Agent, I can assist you in every step of the way during the selection of the area.
A mortgage loan? Cash payment? Both?
The payment method to use for the purchase of a property will depend on the amount of money you have available to invest, as well as your credit reputation. The budget you have will help you choose the area, the type of land and the dimensions of your new property.
Purchasing a property through a company or under your own name
When making the decision to acquire a property, the crucial question arises: Should you buy personally or through a company?
