Step 3 for Buyers: After Offer Agreement

Now that you've made an offer and agreed on terms with the seller, you've got a series of tasks that need to be completed before you're handed the keys. These major items include:

• Getting approved for financing

• Resolving any contingencies or disclosures

• Having the house appraise at or more than the agreed upon purchase price

• Inspecting the house for flaws and agreeing with the seller on repairs and/or credits

• Having the title search done to ensure ownership is yours after the transfer

• Scheduling closing and settling on the house

After completing these tasks, you will be the new owner of a house!