What Happens After Your Offer Is Accepted?

You found your dream home, submitted an offer, and it’s been accepted. Congrats! I’ve made a list of things we need to once you have your accepted offer👇

1️⃣ If you don’t already have a real estate lawyer, you’ll need one. The lawyer will take care of various legal tasks associated with the purchase. This cost is typically $500-$1000.

2️⃣ You will need to provide a deposit to the sellers. A deposit is a portion of your down payment, (your own money) that will go towards purchasing the home. The down payment cost is typically 5%. You’ll need to make your deposit within 24 hours of your offer being accepted, and the realtor will temporarily hold the deposit in a trust account.

3️⃣ If your offer on a house included conditions, you’ll need to fulfill them. Common conditions include obtaining financing, selling your current property and getting a home inspection.

4️⃣ Your offer will include your closing date, but be prepared for the date to shift if your financing is delayed or issues arise with your home inspection.

5️⃣ Your legal fees, including title insurance and adjustments, are due on your closing date.

If you’re ready to make a move and have any questions, call or text and let’s start making a plan over a cup of coffee

👉📱Text to connect! 778-347-4663
😀🏠We are happy to help anytime!
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