Seller Guide · Philadelphia Suburbs
What Happens After I Accept an Offer on My Home?
Accepting an offer feels like the finish line, but it is really the start of a managed process with dates that matter. Knowing the sequence lowers stress and keeps small issues from becoming deal-breakers. Here is the roadmap from signed contract to handing over the keys.
Step-by-Step
- 1
Track the deposit and the deadlines
The buyer's earnest money deposit is due within the contract's stated window, held in escrow. Your agent should confirm it arrived and share a timeline of every contingency deadline: inspection, appraisal, mortgage commitment, and closing date. Put these dates on your calendar. Missed deadlines can change your rights, so the calendar is not optional.
- 2
Handle the inspection response
Most buyers inspect within the first two weeks. Expect a report with requests. You can agree to repairs, offer a credit, negotiate a shorter list, or decline and see whether the buyer proceeds. Focus on safety, structure, and big systems rather than cosmetic items. Every agreement goes into a written addendum with who does the work, by when, and with receipts.
- 3
Cooperate with appraisal and title
The buyer's lender orders an appraisal; your job is access and a well-presented home. The title company searches ownership history and will ask you for information about mortgages, liens, or permits. Answer quickly. Title questions are normal and usually fixable, but only fast if you respond when asked.
- 4
Prepare for the walkthrough and closing
In the final week, complete agreed repairs with receipts, keep utilities on, and start moving out so the home is empty and broom-clean for the buyer's final walkthrough, usually the day before or day of closing. Bring keys, openers, and codes. After signatures and funding, the sale is recorded and proceeds are disbursed to you.
A Worked Example
Hypothetical example: A Wayne seller accepts an offer on May 1 with a 45-day close. Inspection ends with a $2,400 credit instead of repairs, the appraisal matches the price, the mortgage commitment arrives day 30, and the seller moves out two days before a smooth walkthrough and on-time closing.
Your Checklist
- Confirm the deposit arrived
- Calendar every contingency deadline
- Respond to inspection requests in writing
- Answer title company questions fast
- Complete agreed repairs with receipts
- Be out and broom-clean before the walkthrough
Common Pitfalls to Avoid
- Missing a contingency deadline
- Agreeing to repairs without a written addendum
- Scheduling movers after closing day instead of before
Common Questions
Related Resources
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