Buyers What Next After Accepted Offer

Dated: 04/28/2015

Views: 496

Schedule Home Inspections within 7-10 days of offer. Buyer should be present. 

Any problems with inspections: contact the agent and work to resolve the issues.  If a solution cannot be worked out, then the buyer should give the seller, via their agent, a written notice revoking their offer. (  A signed release is   Required and a copy of the inspection report usually accompany the notice if you don't proceed. 

If you choose, have attorney review Purchase and Sales. Any changes must be done prior to signing date so everyone can have time to review.

Final Purchase and Sales is signed by the buyer and accompanied with their deposit check then seller signs.

Buyer's make mortgage application, let your Realtor know lenders information.

Within 2 weeks lender will order the appraisal, then commitment letter mailed to buyers and realtor should get a copy before commitment deadlines. Buyers should return paperwork promptly to lender

Shop for homeowners insurance, you will need this before you close.

One week prior to the closing date the Buyer's lender attorney will schedule closing after they get clear to close. Date, time and place are given.

Call utilities to transfer your information.

Day of closing or night before the Buyers do a final walk through, sellers take oil reading and buyers usually purchase what's left in the tank.

Attend closing- Bring certified check per lender's requirements;

                                                                      

                  

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