Real Estate

I published a short “white paper” titled “Residential Real Estate Sales in Iowa.” This is an overview of the steps involved in a residential real estate transaction in the Ames, Iowa area, but it should be reasonably applicable to other types of real estate transactions and to other parts of the state. The overview breaks the typical transaction into six basic phases and describes the common steps. The purpose of this document is to provide a basic familiarity with these steps, the terminology frequently used, and common things to know about real estate transactions. Every real estate transaction is as unique as the buyers, sellers, and property involved and may not follow the pattern described here. The steps described in this overview may occur in a different sequence or not at all.