Now That Our Long Island House Has An Accepted Offer What's The Next Step?

Larry/Sheila...like Dorie's area, it is not all that common for the seller or sellers agent to be present during the buyers home inspection.

Great information............both sellers and buyers need to be aware of what steps are involved in the entire process.

Larry and Sheila great break down of what happens next, it does seem to get overlooked as everyone focuses on getting the offer approved.

The seller and their agent are not encouraged to be at the inspection in FL, Larry and Sheila. The inspectors feel that they can be more open that way. The buyers should be there.

Good information for home sellers.  Some owners have not been involved in a real estate transaction in many years and do not know about the current procedures.

Hi Larry & Sheila, great information for buyers and sellers to know what is next after the executed contract.

Larry & Sheila, great information to let the buyers know what the process will be after they get a home under contract.    Your process does differ a bit in different parts of the Country.

Great advice on what comes next.  I am very iffy recently on the inspection.  Just yesterday we had lunch with former customers the ones who had the bad a/c that was only "visually" inspected by the inspector.  They recently found out that all of the duct work in the attic had to be replaced for $9k.  It was separated, crushed, missing and full of mold.  I consider that as "visual" mistake but apparently I'm in the minority.  I still say to hire a heating/a/c person to inspect, a plumber, an electrician and a roofer.  For the missing grout in the bathroom shower, do it yourself.

Hi Larry/Sheila - great post - lots of activity once an offer is accepted - inspections and time to really get going on the loan process. Regards Dave

Larry/Sheila, Buyers are feeling the high of their purchase and need to know there are some important steps next that need to be followed. Good information.

Sheila and Larry, that process is similar to ours when the market is "normal" although the seller usually has already  gotten pre-listing property inspection and termite inspection which the buyer has received before their offer.  It avoids surprises that can kill deals.  THANK YOU for the LI map.  This CA guy didn't know Long Beach from the Hamptons.  Seem like many parts of LI are closer to CN than to the City.  That seems very odd to me.  I can drive for 8 hours and still be in CA.

Larry and Sheila-nice breakdown of what happens after a home goes under contract. These are some very important items that need to be managed you guys obviously know the ins-and-outs of getting homes in Suffolk sold and closed. 

Contact Larry and Sheila for all your Dix Hills NY real estate needs (631) 805-4400. Keep up the good work!

Hi Larry & Sheila, here the seller leaves when the inspection is being done..buyers, as well as both agents are at the inspection usually.

Hello Larry and Sheila, every agent has their own story who should or should not be there for the inspection,  but I want put my two cents in...lol

I love that you make sure the inspection gets taken care of early on just shows how professional you are to protect your Seller or Buyer which ever your working with at the time.

I also insist the appraisal be done early on especially if the home is priced higher than the actual market.

Great post Larry and Sheila, have a wonderful evening.

I always want me or someone from my team at any inspection-just in case!

Inspections have become a very important part of the buying process Larry & Sheila, and many sellers who have been in their home for a long time may not know of the changes in the process.

Larry & Sheila, 

It's always a pleasure to do business with people who know what they are doing and they can explain things concisely. That's why I'd refer you to anyone looking to buy or sell in your area.

I hope you have a great weekend!