Your Offer Has Been Accepted - 7 Key Steps After Your Offer Is Accepted!

Offer Accepted Now What

Congratulations! 🎉 Your offer has been accepted by the seller—an exciting milestone in your home buying journey. But if you’re wondering “What happens after my offer is accepted?” you’re not alone. Whether you’re a first-time buyer or it’s been years since you purchased a home, the steps from contract to closing can feel like a mystery. In this post, I’ll walk you through the 7 key steps after your offer is accepted so you’ll know exactly what to expect and how to move forward with confidence.

If you’ve never bought a home before (or it’s been a while), here’s what you can expect from the moment your offer is accepted all the way to closing day.

7 Key Steps After Your Offer Is Accepted!

1. Deliver Your Earnest Money Deposit

This is the “good faith” money you agreed to in your offer. It shows the seller you’re serious about buying their home. Your contract will specify the deadline for delivering it—often within just a few days—so this is one of the first things you’ll do after ratification.

2. Schedule the Home Inspection

The home inspection gives you a professional’s view of the property’s condition. You’ll hire a licensed inspector who will look at the major systems, structure, and overall safety of the home. Once the report comes in, you and your agent will review it to decide if you’ll request repairs, negotiate credits, or move forward as-is.

3. Apply for Your Loan

Even if you’re pre-approved, now is the time to submit your full mortgage application. Your lender will collect updated documents, order the appraisal, and start working toward your final loan approval.

4. The Appraisal

Your lender requires an appraisal to confirm the home’s market value. If it appraises at or above the purchase price—great! If it comes in low, your agent will guide you through possible next steps, like renegotiating or making up the difference.

5. Title Work & Closing Prep

A title company will research the property’s ownership history to ensure there are no liens, claims, or legal issues. They’ll also prepare the closing documents and coordinate with your lender and agent to keep everything on track.

6. The Final Walk-Through

Usually done the day before or morning of closing, this is your chance to make sure the home is in the same condition as when you went under contract and that any agreed-upon repairs are complete.

7. Closing Day!

The big day has finally arrived! You’ll sign all the necessary paperwork, your loan will fund, and the title will officially transfer to you. And then—the best part—you get the keys to your new home. 🗝

The Bottom Line

From offer acceptance to closing, there are several important steps—but with the right guidance, the process can be smooth and even enjoyable. I’ll be with you every step of the way to answer your questions, keep deadlines on track, and help you get from “offer accepted” to “welcome home.”

If you’re thinking about buying a home in the Richmond, VA area—or just want to understand the process better—reach out to me anytime. I’m here to help!