What Happens After Your Offer Is Accepted?
Getting to 'yes' is a milestone — but several important steps follow. Here's a general overview of what to expect.
Earnest money & the contract
Once your offer is accepted, you'll typically deposit earnest money and enter the contract's contingency periods — windows of time to complete inspections, financing, and other steps.
Inspections & due diligence
Most buyers schedule a home inspection to understand the property's condition. Depending on findings, there may be a period to discuss repairs or adjustments.
Appraisal & financing
If you're financing, your lender will order an appraisal and continue underwriting. Staying responsive to document requests keeps things moving.
Final walkthrough & closing
Before closing, you'll do a final walkthrough. At closing, you'll sign documents and, once everything is recorded, receive the keys.
Your agent and closing professionals will guide the specifics, which vary by situation and location.
This article is general educational information only and is not legal, tax, or financial advice. Every transaction is different — please consult an appropriate licensed professional for guidance specific to your situation.
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