The purchase agreement is a legally binding contract that outlines the terms of the sale, including the purchase price, contingencies, and closing date. It protects the interests of both the buyer and seller throughout the transaction.

A title search report verifies the legal ownership of the property and checks for any liens or encumbrances. This document is vital for ensuring that the buyer receives clear title to the property without any legal issues.

The appraisal report assesses the market value of the property, providing an unbiased estimate based on comparable sales in the area. This document is essential for securing financing and ensuring the sale price is fair.

An inspection report provides a comprehensive evaluation of the property's condition prior to sale. It highlights any repairs needed and ensures that the buyer is fully informed about the property's state before finalizing the purchase.

The deed of sale is a legal document that transfers ownership of the property from the seller to the buyer. It includes signatures from both parties and is recorded with the local government to ensure the transaction is legally binding.

A closing statement provides a detailed account of the financial transactions involved in the sale of real estate. It includes all fees, taxes, and the final sale price, ensuring transparency and accountability for both parties.