Georgia offer without an agent

[Trey Reese]

I need some procedural guidance on a deal I'm working - -and I need someone with experience in Georgia.  This is my first investment deal for rental property. So far all of my house buying experience is with purchasing a primary residence, with the assistance of a realtor - and the realtor drove the step-by-step items (attorney, closing, title check, working with bank timing, etc).

I've found a SFH that I want to make an offer on, but it is a FSBO. Both the seller and I are not inclined in involve a realtor (and the included commission). My question is more about order of operations... I think I've got it, but I want to make sure I'm not missing any pieces or doing things 'out of order'.

• Viewed house
• Negotiate a price with seller
  • <this is where I am, now - still negotiating>
• Take details of agreement to Real Estate attorney and have him/her draw up a sales contract
  • contingent on clean inspection, qualified financing, lien check, etc
    • I assume I should handle hiting the inspector
• Have seller sign sales contract
  • will probably want their lawyer to review
• Finalize financing based on my down payment and LTV
  • appraisal conducted by bank
• Once financing is finalized, the attorney will set a closing date?

What am I missing?