What Happens After the Offer Is Accepted?

  1. Overview
  2. FSBO Sellers
  3. Closing Process
  4. What Happens After the Offer Is Accepted?

After both the buyer and seller sign the purchase agreement, the transaction moves into the "under contract" phase.

Typical Next Steps:

  1. Earnest money is deposited.

  2. The buyer schedules inspections.

  3. The buyer works with their lender to finalize financing.

  4. A title search is completed.

  5. Any contingencies are addressed.

  6. Closing documents are prepared.

  7. The transaction proceeds to closing.

Throughout this process, both parties must meet contract deadlines and complete any required paperwork.