What Happens After You Accept an Offer on Your Home in Auburn and Opelika?
Posted by Rozi Dover on
You’ve accepted an offer on your home—congrats! ???? But what comes next? While this is an exciting milestone, there are still several steps before the sale is final.
As a real estate expert in Auburn and Opelika, I walk sellers through this process all the time. Knowing what to expect can reduce stress and help you close smoothly. Let’s break down the key steps after you accept an offer on your home.
1. The Earnest Money Deposit is Collected
Once you accept an offer, the buyer submits an earnest money deposit to show they are serious about the transaction. This money is held in an escrow account until closing.
Tip: If the buyer backs out for a reason not covered in the contract, you may get to keep the earnest money as compensation.
2.…
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