Although the process of selling a home varies, home sellers can expect the process to unfold in approximately the following way:

  • Receive Offer: After the house is ready and listed on the market, offers will come in. The seller can accept the offer, reject the offer or make a counter-offer
  • Escrow: If the offer is accepted, the buyer deposits his earnest money, and escrow is set up.
  • Documentation: The seller submits all documentation to the escrow holder, including tax receipts and warranties.
  • Inspection: The buyer chooses an inspector, and the seller pays for the inspection. It's also the seller's responsibility to get the necessary clearances and to complete repairs as required by the purchase agreement.
  • Closing: As long as the terms of the escrow and purchase agreement are met and the buyer obtains the necessary financing, closing is scheduled and completed.