Staying organized, responding quickly, and understanding timelines can help prevent delays and complications.
Accepting an offer is a major milestone when selling your home—but it’s not the final step. Once a contract is signed, the transaction enters the “under contract” phase, where several important steps must happen before closing.
What Happens Next?
1. Earnest Money and Option Fee Are Delivered
The buyer typically submits earnest money and the option fee within the timelines outlined in the contract.
2. The Option Period Begins
During this time, the buyer may schedule inspections and evaluate the property. This is often when repair requests or negotiations happen.
3. The Buyer’s Loan Process Moves Forward
If the buyer is financing the purchase, the lender will begin processing the loan, including ordering the appraisal and reviewing documents.
4. Title Work Is Completed
The title company reviews ownership records, liens, and legal details to prepare for closing.
5. Appraisal and Final Approval
The lender reviews the appraisal and finalizes the buyer’s loan approval before closing can be scheduled.
6. Closing Preparation
Both parties sign documents, coordinate move-out timelines, and prepare for the transfer of ownership.
Can Deals Still Fall Apart After Accepting an Offer?
Yes, it’s possible. Inspection issues, financing problems, appraisal challenges, or missed deadlines can still impact the transaction. That’s why active management after going under contract is so important.
How Can Sellers Keep the Process Smooth?
Staying organized, responding quickly, and understanding timelines can help prevent delays and complications.
Many sellers in Northwest Houston work with Gene Johnson to manage every step after accepting an offer—from inspections and negotiations to closing coordination—so the transaction stays on track and moves toward a successful closing.