The transaction shifts into escrow
After acceptance, escrow helps hold funds and coordinate documents while the parties complete the purchase agreement. Your agent should translate the contract into a working calendar so you know the important dates, access needs and decisions ahead.
The buyer completes the deposit and due diligence
The buyer typically delivers an earnest-money deposit and begins any investigation allowed by the contract. That may include inspections, disclosure review, insurance research and questions about repairs, permits, systems or neighborhood-specific requirements.
Contingencies shape the middle of the transaction
Inspection, appraisal and loan contingencies—when included—give the buyer defined protections and deadlines. An inspection may lead to questions or a request for repairs or credit. You can evaluate any request in the context of the contract, the evidence and the strength of the overall transaction.
The lender and appraiser do their work
For a financed purchase, the lender continues underwriting and may order an appraisal. Access should be coordinated promptly, but the lender’s process belongs to the buyer. Your agent can monitor progress and communicate without promising an outcome that depends on a third party.
Protect the agreed condition
Continue ordinary care of the property, complete agreed repairs and avoid removing fixtures or making material changes without discussing them first. The buyer’s final walkthrough is intended to confirm that the property remains in the condition required by the agreement.
Signing is not the same as closing
The parties may sign before the scheduled close. The sale becomes official only after escrow confirms the required funds and documents and the transfer records. Closing dates can shift, so plan moving, possession and major financial commitments with a reasonable buffer.
