Quick answer: After an offer is accepted, the transaction moves into escrow: the buyer deposits earnest money, then inspections, the appraisal, and loan underwriting happen while title is cleared. Contingencies are removed as conditions are met, final documents are signed, and the sale records at closing. On a financed deal, this usually takes about 30 days.
Key takeaways
- Escrow opens and earnest money is deposited.
- Inspections, appraisal, and loan underwriting proceed.
- Title is examined and cleared.
- Contingencies are removed as conditions are met.
- Final signing and recording complete the sale.
The path from acceptance to closing
| Stage | What happens |
|---|---|
| Open escrow | Earnest money deposited |
| Inspections | Buyer verifies condition |
| Appraisal | Lender confirms value |
| Underwriting | Loan finalized |
| Closing | Sign, fund, record |
Removing contingencies
As the buyer completes inspections, appraisal, and loan approval, contingencies are released on schedule. Both sides handle any negotiated repairs or credits before the deal firms up.
Staying on track
Respond promptly to requests and keep finances steady. Your agent and escrow coordinate the details. See my Home Buyer’s Guide for the full process. Have questions? Book a free consultation and I’ll help you plan your next step.
Frequently Asked Questions
What happens after a home offer is accepted?
The deal enters escrow: earnest money is deposited, then inspections, appraisal, and loan underwriting occur while title is cleared, ending in signing and recording.
How long does it take to close after acceptance?
Usually about 30 days on a financed purchase, though cash deals can close faster.
What are contingencies removed during escrow?
Commonly inspection, appraisal, and loan contingencies, released as each condition is satisfied.
What should I do after my offer is accepted?
Respond quickly to your lender and escrow, keep your finances steady, and complete inspections and document signing on time.
When does the sale become final?
When conditions are met, final documents are signed, funds are disbursed, and the sale records — at which point ownership transfers.
Written by Surbhi Gupta, REALTOR® · CA DRE# 02314083 · eXp Realty of California, Inc. Serving Fremont, Union City, Newark, Hayward & Milpitas. This article is for general education, not financial advice — confirm current figures with a licensed professional.
