| Posted By |
Message |
HomeIsWithU
Baby #2 on the way!
Member since 9/07 7816 total posts
Name:
Jenn
|
Finally our offer was accepted!!! - with question
After losing 4 houses and getting to the point where we really thought finding a house was just never going to happen for us, we put in an offer on a townhouse on Friday and our offer was accepted today!!!!  Over a year and a half of house-hunting 
We got this place for a STEAL. We're thrilled with the price, the condition of it, and the location. And the best part is, the sellers want to close as soon as possible!
Please keep your fingers crossed for us that we go to contract quickly and everything goes smoothly through closing  We're so ready to begin the next chapter in this place but with all of our bad luck so far I'm still skeptical that this will happen.
Thanks to everyone on this board who gave advice and answered my questions throughout the house-hunting process 
And one question - Now that our offer has been accepted, what happens now? What are the next steps to the process of making this "ours"?
Message edited 8/2/2011 4:36:17 PM.
|
Posted 8/2/11 4:26 PM  |
| |
|
Long Island Weddings
Long Island's Largest Bridal Resource | Prudential Douglas Elliman Real Estate |
Mill188
LIF Adult
Member since 3/09 3073 total posts
Name:
|
Re: Finally our offer was accepted!!! - with question
1. Call your attorney and give him or her the heads up
2. Home inspection
3. Then you wait for the seller's attorney to send your attorney the contract.
You can't apply for a mortgage without the signed contract, but you can start getting together whatever documentation you will need.
Good luck!
|
| Posted 8/2/11 4:42 PM |
| |
|
MockingJay
Ring out the old...
Member since 9/08 1312 total posts
Name:
Ring in the new!
|
Re: Finally our offer was accepted!!! - with question
Posted by Mill188
1. Call your attorney and give him or her the heads up
2. Home inspection
3. Then you wait for the seller's attorney to send your attorney the contract.
You can't apply for a mortgage without the signed contract, but you can start getting together whatever documentation you will need.
Good luck!
This is EXCELLENT advice
CONGRATS! Good luck with everything!!
|
| Posted 8/2/11 4:46 PM |
| |
|
|
|
Re: Finally our offer was accepted!!! - with question
Congratulations on your accepted offer! The next step in the process would be to retain a real estate attorney. You should also schedule a Home Inspection so that any issues can be addressed in the Contract of Sale for the property.
The seller's attorney will draft a Contract and send that to your attorney for review and comment. Once both sides have agreed to the terms of the Contract, both parties will sign and you, as buyer, would provide a downpayment to be held in escrow.
If you have any questions about the process, or what happens after contract, please feel free to FM me. I handle real estate transactions and would be more than happy to answer any questions you may have.
Congratulations again and best of luck!
Message edited 8/2/2011 6:14:02 PM.
|
| Posted 8/2/11 6:08 PM |
| |
|
HomeIsWithU
Baby #2 on the way!
Member since 9/07 7816 total posts
Name:
Jenn
|
Re: Finally our offer was accepted!!! - with question
Posted by The Breglio Law Firm, PLLC
Congratulations on your accepted offer! The next step in the process would be to retain a real estate attorney. You should also schedule a Home Inspection so that any issues can be addressed in the Contract of Sale for the property.
The seller's attorney will draft a Contract and send that to your attorney for review and comment. Once both sides have agreed to the terms of the Contract, both parties will sign and you, as buyer, would provide a downpayment to be held in escrow.
If you have any questions about the process, or what happens after contract, please feel free to FM me. I handle real estate transactions and would be more than happy to answer any questions you may have.
Congratulations again and best of luck!
Thank you so much - this was great information! We're waiting on the contract from the seller's attorney now. Luckily, we already have a real estate attorney from previously when we drew up contracts for a short sale earlier in the year.
Hoping for smooth sailing from here.
Thanks again!
|
| Posted 8/4/11 12:02 PM |
| |
|
|
|
Re: Finally our offer was accepted!!! - with question
Posted by HomeIsWithU
Posted by The Breglio Law Firm, PLLC
Congratulations on your accepted offer! The next step in the process would be to retain a real estate attorney. You should also schedule a Home Inspection so that any issues can be addressed in the Contract of Sale for the property.
The seller's attorney will draft a Contract and send that to your attorney for review and comment. Once both sides have agreed to the terms of the Contract, both parties will sign and you, as buyer, would provide a downpayment to be held in escrow.
If you have any questions about the process, or what happens after contract, please feel free to FM me. I handle real estate transactions and would be more than happy to answer any questions you may have.
Congratulations again and best of luck!
Thank you so much - this was great information! We're waiting on the contract from the seller's attorney now. Luckily, we already have a real estate attorney from previously when we drew up contracts for a short sale earlier in the year.
Hoping for smooth sailing from here.
Thanks again!
You are so welcome! Congrats again and best of luck!
|
| Posted 8/4/11 6:19 PM |
| |
|
bride07
Ava Rose you are an angel!!!
Member since 3/09 6115 total posts
Name:
|
Re: Finally our offer was accepted!!! - with question
Congratulations!!! We went through 4 different houses too, until we bought our current home!
Everything happens for a reason, for us the 5th house was by far the nicest.
Sounds like you ended up with the perfect house too.
Goodluck!!!
|
| Posted 8/4/11 10:39 PM |
| |
|
