Explaining The Process Of Exchange Of Contracts

Learn about the crucial process of exchanging contracts in a property purchase. Discover the 7 essential steps involved, from surveys to completion dates. Understand the factors that can cause delays and how to navigate them for a smooth exchange. Find out the timeline and key considerations for a successful exchange of contracts.



Timecodes:

0:00 - Intro
0:38 - Definition
1:02 - Completion Date
1:20 - Surveys
1:33 - Mortgage Offer Confirmed
1:37 - Paperwork
1:50 - Addressing Any Issues
1:57 - Draft Contracts
2:04 - Signing Contracts
2:17 - Completion Date Set
2:31 - Factors That Hold Up The Exchange
3:52 - Summary

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