Buy properties procedures (subsales)

These standard 'buy properties procedures (sub-sales)' are for newbies, experienced guys please look elsewhere. Of course, there are other variations. This is the most common version.  :)

1. Find the properties you like (duh!).
2. Do a search for the property to ensure the seller is the real owner, no caveat by other parties except the bank where seller gets the loan from (if applicable)
3. Get the S&P from seller and verify the validity of seller's claim.
4. Check property value via bank / property agent.
5. Sign booking form with seller.
1. Pay 1% earnest/booking deposit to seller or lawyer being the escrow if large amount is involved. 
2. Go get a lawyer to prepare S&P / SPA (Sales & Purchase Agreement) - ready in 2 weeks time.
6. Apply for bank loan to finance your property purchase (usually 70% for 3rd property - 90% for 1st-2nd properties). 
1. Loan approval usually completes in 1 week (if you qualify).
7. Sign S&P / SPA when lawyer is ready.
1. Pay 9% deposit to seller (total is 1% + 9% = 10%)
2. Pay 1% + tax to property agent as commission (if through agent)
3. Pay lawyer for S&P preparation fees.
8. Let the lawyer complete the S&P within 3 + 1 months period.
9. Bank will settle the remaining 90% outstanding sum when completed.
1. Pay lawyer the outstanding fees balance.
2. Get the keys and check your house!
3. Start servicing your loan! 

Tadaa! That's it! Simple isn't it?