Steps To Take After Your Offer Was Accepted
Making an offer on a house is your first step towards owning a home, and once the seller accepts the offer, you will have a lot of things to do. Here are some of the main steps you will need to take after you find out the seller has accepted your offer.
Contact your lender
Once you receive the good news that the seller accepted your offer, you should call your bank. The bank you call should be the one that offered you a loan pre-approval before you began searching for a house to buy, and this lender will need to know some details about the house you selected. Once the lender knows the details, they will begin working on the loan for you. It can take around 30 days to close on a loan, but it may go faster if you call the lender right away.
Schedule the inspections
Your lender may schedule some of the inspections for you, or they may have you schedule them. The inspections you will need will depend on what the lender requires and on your personal preference. For example, you may need to get a home inspection, a sewer inspection, and a termite inspection. You will also need to get the house appraised, and you may need to hire a surveyor to survey the property. Make sure you follow through with any requirement your lender tells you about as quickly as you can.
Plan your move
Another step you will need to take involves planning your move. If you are going to close on this house within 30 days, you may need to start getting things ready for the move. This may include hiring a moving company for help, getting moving supplies, and packing. Packing up the things you own takes time, so you should make sure you start on this soon.
Schedule the utilities and anything else needed
The other step you will need to take is scheduling the utilities for the house. You may need to have the utilities transferred to your name by the date of closing, and you may also need to schedule other things, such as a locksmith to come to the home to rekey the locks.
If you can complete all these steps right away, you may be able to close on your house faster. If you have questions about buying a house, ask a real estate agent in your city.