Once a buyer submits an offer on a home, the process moves quickly behind the scenes. Understanding the steps that follow can help both buyers and sellers stay calm, confident, and prepared. Step 1: Review and Respond The seller, with their agent, will review the offer’s price, terms, contingencie

Yes — and being aware of them early can save you frustration later. Inspection and Appraisal Fees Even with financing, you’ll need to pay $400–$800 for inspections and another $400–$600 for an appraisal. Closing Costs Expect 2–5% of the purchase price to go toward title services, doc stamps, lender