The days after accepting an offer can feel both exciting and uncertain. Your agent and attorney will keep the transaction moving, but understanding the major checkpoints helps you prepare and respond calmly.
Earnest money is delivered
The buyer generally submits earnest money according to the contract. This deposit shows good faith and is held by the party named in the agreement—not paid directly to the seller.
Attorney review begins
In attorney-review markets, each side’s attorney reviews the contract and may propose modifications. Questions involving legal rights, contract language or title belong with your attorney; your agent remains involved in the practical and negotiation pieces.
The buyer completes inspections
The buyer may hire inspectors within the contract’s inspection period. Their findings can lead to questions or repair requests. Your response should consider the issue, the contract, the home’s price and your overall negotiating position—not emotion alone.
Financing and appraisal move forward
If the buyer is financing, the lender verifies income, assets and the property. An appraiser develops an opinion of value for the lender. Keep the home accessible, presentable and ready for any requested appointments.
Title and closing documents are prepared
Your attorney and title company work through payoff information, title matters, tax figures and required documents. Respond promptly when asked for association information, surveys, loan details or identification.
You prepare for the final walk-through
The buyer typically visits shortly before closing to confirm the home is in the expected condition, agreed items remain and negotiated repairs are complete. Remove belongings, clean the home and leave receipts or manuals as promised.
The transaction closes
At closing, documents and funds are finalized, your existing liens are paid and the buyer receives possession according to the contract. Your attorney can explain the final statement and when proceeds will be available.
The bottom line
Clear information creates confident decisions.
A smooth closing depends on clear deadlines, quick communication and a coordinated team. Stay organized, keep your plans flexible and ask questions whenever something is unclear.