8 Steps to Follow Once Your Offer Is Accepted

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What happens after your offer on a home is accepted? From contract to closing, this particular component is the most important in the home buying process. Many buyers overlook this crucial step in the surrounding Raleigh area, and as a result, many problems can arise.

You will most likely deposit earnest money into the seller’s escrow account. Depending on your market, due diligence might also be applicable.

1. Contact your lender as often as possible. Keep them close! Report to them whenever handing in important documents, and always ask about the next step.
2. Have your home appraised. This includes recruiting a respectable appraiser, not an online service. Make sure your home is accurately priced.
3. Have all the necessary inspections done to the home. Depending on where you live, there are different types of inspections to pursue, including those for sewer systems and termites. Consult your Realtor for their recommendations.
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   Your agent should
   fight for your best interests
   along the way.

   
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4. Negotiate repairs with the seller. Your agent should fight for your best interests along the way, so you’re not overpaying for upgrades and other repairs. The agent is key throughout this entire process.
5. Schedule a repair walkthrough. Once repairs are addressed and completed, this final step assures all the work is satisfactory.
6. Conduct another final walkthrough right before closing. This assures everyone that your home is safe and ready to be purchased.
7. Celebrate once the transaction is completed. This is one of the most important steps of them all! Congratulations!

If you have any questions about this topic or anything else related to real estate, you can reach me by phone or email. I’d be happy to talk!