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🏡 Offer Accepted! What Happens Between Contract & Closing?

Sep 5
1 min read

🎉 Your offer was accepted - now what? Getting the keys is closer than ever, but there are still a few important steps before closing day.


📝 1. Contract & Earnest Money


The purchase contract is finalized, and the buyer typically deposits earnest money to show serious intent.


🔍 2. Inspections & Due Diligence


The buyer may schedule a home inspection, review disclosures, and make sure everything checks out.


đź’° 3. Financing & Appraisal


If financing the purchase, the lender works on final loan approval and orders an appraisal to confirm the property's value.


đź“‹ 4. Title & Final Details


The title company checks for ownership issues, liens, and other concerns while preparing the documents needed for closing.


🔑 5. Final Walk-Through & Closing Day!


The buyer typically completes a final walk-through before signing the closing documents. Once everything is finalized, the keys are yours! 🎊🔑


💡 The time between contract and closing can involve a lot of moving pieces. Having the right real estate team by your side can help keep everything on track.


🏠 Thinking about buying or selling in Chicago? Let’s make your next move a smooth one!


Get your free home evaluation here or request a cash offer here today.



 
 
 

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