BUYERS - AFTER YOUR OFFER IS ACCEPTED

Your signed contract controls all deadlines and deposit amounts. The timing below provides planning targets; we’ll confirm the dates that apply to your purchase.

I’ll help connect you with a real estate attorney if you don’t already have one. Your attorney will advise you on the contract, review title and relevant documents, and coordinate the legal aspects of closing.

Deliver the initial deposit as directed in your accepted offer. Confirm the amount, due date, payee, and delivery method.

Schedule inspections promptly so there is time to review the findings and address any concerns before the inspection contingency expires.

The appropriate inspections depend on the property. We’ll discuss the home’s systems and any additional evaluations that may be needed.

Submit your mortgage application and the requested supporting documents within the timeframe specified in your contract.

Even if you’re preapproved, your lender will still need to evaluate the property and complete the remaining approval steps.

For a condominium purchase, review the governing documents, rules, financial information, meeting minutes, insurance, and any existing or proposed assessments.

Pay particular attention to rental restrictions, pet policies, parking, maintenance responsibilities, and planned projects.

The Purchase and Sale Agreement is often scheduled for approximately two to three days after the inspection contingency has been resolved, depending on the transaction and the agreed deadlines.

Your attorney will review and negotiate the document before you sign.

An additional deposit is typically due when the Purchase and Sale Agreement is signed.

If the agreement calls for a total deposit of 5% of the purchase price, your first deposit is credited toward that total. We’ll confirm the exact amount required under your contract.