Your Home is Under Contract....Now What?

Sellers – What’s Next After Your Home Goes Under Contract?

Congratulations! Your home is under contract—now what?

This is an exciting milestone, and while the finish line is in sight, there are still a few key steps before you hand over the keys. Here's what to expect as a seller once your home is under contract:

1. 🔍 Attorney Review Period

After both parties sign the contract, there’s usually a brief attorney approval window. This allows your attorney to review the contract terms and suggest any necessary adjustments.

2. 🛠 Buyer Inspections

The buyer will schedule their home inspections. This typically includes a general home inspection and may also involve specialists (e.g., for radon, septic, or pest). You’ll be notified in advance and asked to ensure the home is accessible.

3. 🤝 Addressing Inspection Issues

If the inspection reveals any major defects, the buyer may request repairs or credits. Your agent will guide you through this negotiation process. Keep in mind, the goal is to keep both parties moving forward comfortably.

4. 🏦 Appraisal Scheduled

If the buyer is financing the home, their lender will schedule an appraisal to confirm the value of the property aligns with the loan amount.

5. 📅 Closing Date Set

Once contingencies are cleared, a closing date will be scheduled. This is your final milestone!

6. 🧹 Final Walkthrough

The buyer will do one last walkthrough shortly before closing to ensure the home is in the agreed-upon condition and any negotiated repairs are complete.

7. ✍️ Closing Day!

This is when the official transfer happens. You’ll sign the final paperwork and hand over keys. Congratulations—you’ve successfully sold your home!

💌 We wish you the best on your move and are honored to have been part of your real estate journey!