🔑 Closing Process
& Timeline
What to Expect After Accepting an Offer on Your Home
Accepting an offer is an exciting milestone—but it’s just the beginning of the final stretch. From opening escrow to handing over the keys, our team at Nancy Liu Realty will guide you through each step of the closing process to ensure everything stays on track, on time, and stress-free.
📂 Step 1: Escrow is Opened
Once the offer is accepted and signed by both parties, escrow is officially opened.
A neutral third-party escrow company will:
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Hold funds (such as the buyer’s deposit)
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Manage documents and transaction timelines
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Ensure all conditions are met before closing
You’ll receive a calendar outlining key dates, including contingency deadlines and closing day.
🏠 Step 2: Inspections
Buyers typically schedule inspections shortly after opening escrow. These may include:
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General home inspection
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Termite or pest inspection
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Roof, sewer, or chimney inspections (depending on property)
We help coordinate access and review any requests that result from the inspection findings, including repair requests or credits.
🏦 Step 3: Appraisal (If Financing)
If the buyer is using a loan, their lender will order an appraisal to verify the home’s value.
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If the home appraises at or above the purchase price, the loan moves forward.
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If it appraises lower, we’ll help you evaluate options (such as a price adjustment or buyer covering the difference).
🖊️ Step 5: Final Paperwork & Signing
Both parties will sign final closing documents, usually through a mobile notary or at the escrow office.
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Sellers will sign the grant deed and closing forms.
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Buyers will sign loan documents and wire the remaining funds.
We’ll review everything with you to ensure accuracy and understanding.
🚪 Step 6: Closing & Key Transfer
Once all documents are signed and the buyer’s funds are received:
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The transaction is recorded with the county
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Escrow is closed
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You hand over the keys!
Congratulations—your home is officially sold!
✅ We’re With You Until the Finish Line
When you work with Nancy’s team, we keep you informed, protect your best interests, and ensure no detail is overlooked.
From offer acceptance to closing day, you’ll have a trusted team guiding you every step of the way.
📩 Have questions about what happens after accepting an offer? Contact us anytime for a walkthrough of the process!