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What Happens After Your Offer Is Accepted?
Getting your offer accepted is exciting, but the transaction is just getting started. Here's a quick walkthrough of what happens between acceptance and closing.
Video coming soon
The key takeaways are below in the meantime.
Written by Bri Bond-Erwin
Key Takeaways
- After acceptance, you submit earnest money and begin the inspection process, usually within the first 1–2 weeks
- The home inspection gives you a professional assessment of the property's condition
- Your lender orders an appraisal to confirm the home's value supports the loan amount
- Underwriting is the lender's final verification of your finances and the property
- "Clear to close" means the lender has approved everything and you're ready to schedule closing
- A final walkthrough happens 24–48 hours before closing to confirm the home's condition
- The whole process from accepted offer to closing typically takes 30–45 days
Transcript will be available when the video is recorded.
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