Who’s Involved In
The Home Buying Process?


Lender - Bank/Mortgage company which provides the funds for the purchase of a home.

Buyer - A person purchasing a home. The buyer may search for a home with or without the help of a Real Estate Agent (a Buyer's Agent).

Seller - A person selling a home. The seller usually works closely with a Real Estate Agent to sell his/her home.

Real Estate Agent - There are two types of Real Estate Agents:

Selling Agent - A person who earns a commission on the sale of a home from the seller.

Buyer's Agent - A person who earns a commission on the purchase of a home.

Either Real Estate Agent may be a certified Realtor
or a lawyer specializing in Real Estate.

Home Inspector - A Real Estate professional who inspects a home prior to settlement day. The final result of a home inspection is a report detailing the condition of the house.

Home Appraiser - A Real Estate professional who sets a dollar value for a home's worth, using standard appraisal criteria. The appraisal is one of the important documents required at closing.



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