What Happens After You Accept an Offer? A Step-by-Step Breakdown

Accepting an offer is exciting — but it’s only the beginning of the closing process.

Here’s what typically happens next:

1. Option/inspection period: The buyer inspects the home and may request repairs or credits.
2. Appraisal: The lender orders an appraisal to confirm the home’s value.
3. Financing approval: The buyer’s loan goes through underwriting.
4. Final walkthrough: The buyer ensures the home is in agreed-upon condition.
5. Closing day: Documents are signed and ownership transfers.
6. 

Knowing what to expect helps reduce stress and surprises.