Are you planning to put your Beantown home up for sale? If so, the chart below is a checklist of items you should keep in mind before you list your property.
Boston Home Sellers Checklist
To see a larger version of the chart click on continue reading.
Boston real estate negotiation process:
1. Buyer and Seller fully negotiate purchase agreement.
2. Buyer’s earnest money check is deposited.
3. Buyer applies for financing with a lender of their choice.
4. Private inspection ordered.
5. Lender examines Buyers ‘credit and appraises property.
6. Lender approves Buyers’ financing.
7. Title search is ordered.
8. Seller completes any required repairs to property.
9. Any contingencies in purchase agreement removed by written consent.
10. Title commitment obtained by title company.
11. All funds and documents deposited into escrow.
12. Deed filed and funds disbursed.
13. Buyer obtains possession according to the purchase agreement.
Why Boston’s nickname is Beantown:
Beantown, which refers to the regional dish of baked beans. This nickname is almost exclusively used by non-Bostonians and is rarely used by natives. According to Boston-Online.com, back in colonial days, a favorite Boston food was beans baked in molasses for several hours. Boston was part of the “triangular trade” in which slaves in the Caribbean grew sugar cane to be shipped to Boston, in order to be made into rum and in turn sent to West Africa for the acquisition of more slaves. Sailors and traders called it “Beantown” while the locals did not refer to their city by that nickname.