What Happens After I Accept an Offer? A Step-by-Step Guide for Home Sellers in
💭 Ever wondered what happens after you accept an offer on your home? Let me help you understand the next steps, so you’re never left guessing.
Selling a home can be exciting, but it’s also a big decision with a lot of moving parts. Once you’ve accepted an offer, there are several important steps that follow. Let’s break it all down so you know exactly what to expect. 🏡✨
Once you accept an offer on your home, the buyer will typically deposit earnest money. This is a deposit they make to show they’re serious about buying your home. It’s an important part of the process, as it shows the buyer’s commitment.
The best part? This earnest money will go toward the purchase price of your home, so it’s not just a random deposit. If the buyer goes through with the sale, this money will be credited toward the final price you’ve agreed upon. 💸
Next up, the buyer will schedule a home inspection. This is a standard part of the process where the buyer’s inspector will look over your home to check for any major issues—anything from roof damage to plumbing problems.
If the inspector finds any issues, the buyer may request repairs, offer credits to cover the cost of repairs, or—if there’s a big issue—they may even choose to back out of the deal altogether. While this can feel stressful, it's totally normal. Inspections are just a way to make sure the home is in good shape and that everyone is on the same page.
💡 Tip: It’s always a good idea to take care of any known issues in your home before listing it, as this could help avoid surprises during the inspection.
Once the home inspection is completed, the buyer’s lender will order an appraisal. This is an independent assessment of your home’s value to make sure it’s worth the price you and the buyer agreed on.
If the appraisal comes in lower than expected, this could cause some challenges. The buyer might ask for a price reduction, or they may choose to pay the difference out of pocket. In some cases, they could even back out of the deal. While this can be concerning, it’s important to stay flexible and work with the buyer to find a solution.
After the inspections, appraisals, and any necessary negotiations, it’s finally time for closing day! 🎉
This is the moment you’ve been waiting for. Closing day is when you sign the final paperwork, the buyer secures their financing, and you officially transfer ownership of your home. Once the documents are signed, the buyer will hand over the payment, and you’ll hand over the keys to your home. It’s a bittersweet but exciting moment—you’re closing one chapter and opening a new one!
Selling a home is a big decision, and it’s normal to have questions. If you’re curious about what happens after accepting an offer, or if you just want to learn more about any of the steps, feel free to reach out! I’m here to help guide you through the process and make sure everything goes smoothly.
💬 Message me anytime! Whether you're thinking about selling, or you’ve already accepted an offer, I’m always available to answer your questions and offer advice.
If you’re ready to start the selling process, or if you’re just curious about how much your home could be worth, don’t hesitate to reach out. I’d love to help you navigate the world of real estate and make your selling journey as easy and stress-free as possible!
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I’m here to help every step of the way, and I can’t wait to connect with you! Let’s get your home sold and make this journey a smooth one. 😊
Selling your home doesn’t have to be overwhelming. With the right guidance and a little bit of preparation, you can feel confident every step of the way! 🏡💪
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