Found 1 blog entry tagged as earnest money.

Offer Accepted? Here's What Happens Next for Fox Valley Buyers

Couple reviewing contract paperwork with their agent and attorney after accepting an offer on a house

What if an accepted offer is the start of the work, not the finish line? If you’re wondering what happens after accepting an offer on a house, expect a series of contract-guided steps before closing. The seller’s acceptance moves the purchase forward, but it doesn’t mean the sale is complete. Your signed agreement sets out the deadlines and responsibilities, so review it for details about inspections, financing, earnest money, and other conditions.

In Illinois, your real estate agent, attorney, and lender each help with different parts of the process. This guide covers milestones buyers commonly encounter in the Fox Valley, from contract review and inspection planning to loan and…

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