Your Offer was Accepted: Now What?
Once your offer is accepted by the seller it starts the escrow period. You will be asked for a down payment, typically 1% of the purchase price, on the home you are purchasing which will be held with an attorney or settlement company and applied to the final purchase of your property.
By the time you have opened escrow, you have come to an agreement with the seller on the closing date and the contingencies The escrow period is usually 30-45 days and each item specified in the contract must be completed satisfactorily.
Each contract is different, but most include the following four items:
Inspection contingency: this should be completed as soon as possible after the contract is signed. If the results of the inspection are unsatisfactory you can negotiate repairs or cancel the contract.
Financing contingency: Once the contract is signed, you have a period of time to secure funding. If you are unable to secure funding during the period of time granted to you by the contract (and the seller will not provide a written extension of time), you must decide whether you want to cancel the purchase. This is why being pre-approved before shopping for a property is so important!
A requirement that the seller must provide a marketable title. The title must be "clear" to ensure that you do not have legal issues regarding your ownership. We can help you look into local and state ordinances regarding property transfer and make sure that you and/or the seller have complied with them.
Secure homeowner's insurance. This is almost always required before you can close the sale. It is best to apply for insurance as soon as possible after the contract is signed.
If you have questions or are ready to begin the home buying process, just complete the form below, and a member of our team will be in touch shortly!
Adding Value
Which items will add value to your home and help with resale when the time comes to sell? The answer is: “The ones that future buyers also want and are willing to pay for.”
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Escrow: Now What?
Once your offer is accepted by the seller it starts the "escrow period". You will be asked to make an initial deposit. (This is NOT your "Down Payment") This "Escrow Deposit" typically is about 1% of the purchase price on the home you are purchasing. This deposit will be held with an attorney or settlement company and applied to the final purchase of your property. Additionally there can be a second, more substantial deposit required.
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First Time Home Buyers
Are you a first-time home Buyer?
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First Time Home Buyers
Are you a first-time home Buyer?
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Free Market Analisys
Would you like to know your home's estimated value? Our free market analysis service provides you with your property's current market value and suggested selling price!
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Free Market Analysis
Would you like to know your home's estimated value? Our free market analysis service provides you with your property's current market value and "sight-Unseen" suggested selling price!
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Just Listed
The best properties usually don’t stay on the market very long. Below is a list of properties that just became available for sale. This is where many active buyers find their dream home!
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Making an Offer
Before the offer to purchase is created, you must be at least pre-qualified or, better yet, pre-approved by a lender, unless you are paying cash.
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Making an offer
Before the offer to purchase is created, you must be at least pre-qualified or, better yet, pre-approved by a lender, unless you are paying cash.
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Market Watch
The real estate market is constantly changing. If you are thinking about selling your home then now is a really good time. Property values have increased over the past few years and pent-up demand is pushing the price even higher!
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Marketing Your Home
Let’s take a moment to talk about how we use both traditional and online strategies to promote your home to the largest group of qualified buyers.
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Marketing Your Home
Let’s take a moment to talk about how we use both traditional and online strategies to promote your home to the largest group of qualified buyers.
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MARKETWATCH
The real estate market is constantly changing. If you are thinking about selling your home then now is a really good time. Property values have increased over the past few years and pent-up demand is pushing the price even higher!
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Mortgage Calculator
The easiest way to determine your estimated monthly mortgage payment is by talking to a lender. However, the calculator below can also help point you in the right direction.
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Mortgage Calculator
The easiest way to determine your estimated monthly mortgage payment is by talking to a lender. However, the calculator below can also help point you in the right direction.
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MY OFFER WAS ACCEPTED!
Once your offer is accepted by the seller it starts the offer accepted period. You will be asked for a down payment, typically 1% of the purchase price, on the home you are purchasing which will be held with an attorney or settlement company and applied to the final purchase of your property.
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MySafeFLHome
Florida resource for the my safe florida home goverment help
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Offer Accepted: Now What?
Once your offer is accepted by the seller it starts the escrow period. You will be asked for a down payment, typically 1% of the purchase price, on the home you are purchasing which will be held with an attorney or settlement company and applied to the final purchase of your property.
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PEMBROKE PINES SPECIALISTS
Thank you so much for visiting our Cooper City page!! Here are some basic tips about navigating the website and how the home search experience works.
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Personalized Home Search
Complete the form below and we'll create you a custom property search. Anytime when we find properties that match your specific criteria we’ll send you an email.
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Personalized Home Search
Complete the form below and we'll create you a custom property search. Anytime when we find properties that match your specific criteria we’ll send you an email.
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Price Reductions
The best way to get a great deal on a new property is by buying at the best price possible! Below is a list of properties where the sellers have decided to drop their asking price. This usually means that the homeowner is now even MORE motivated to sell the property and move on.
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Pricing Your Home
When you hire us to list your property we provide you a Comparative Market Analysis (CMA) which is a compilation of recent sales from your area.
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Real Estate Agent Near Me
Looking for a top real estate agent? We are local experts and can help you buy, sell, or invest in real estate.
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What are closing costs
You've found your dream home, the seller has accepted your offer, your loan has been approved and you're eager to move into your new home.
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What Are Closing Costs?
You've found your dream home, the seller has accepted your offer, your loan has been approved and you're eager to move into your new home.
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