What Happens After You Accept an Offer on Your Manhasset Home?

Accepting an offer on your Manhasset home is an exciting milestone—but it’s not quite the finish line. From inspections and appraisals to final paperwork and closing, there’s still a lot that happens before you hand over the keys. With Eric Berman REALTOR guiding you through every step, you’ll know exactly what to expect and how to protect your interests all the way to closing day.

Step 1: The Offer Becomes “In Contract”

Once you accept an offer, your attorney and the buyer’s attorney will draft and review the purchase contract. In New York, this process can take a few days to finalize.
During this stage:

• The buyer provides their earnest money deposit (typically 5–10%).

• Your home officially moves into “in contract” status once both parties sign.

Eric Berman REALTOR coordinates closely with your attorney to make sure all deadlines and terms are clear, keeping your sale on track from day one.

Step 2: The Home Inspection

The buyer’s home inspection typically occurs within a week of contract signing.
Expect the inspector to check:

• Roofing, plumbing, and electrical systems

• Foundation and structural integrity

• Heating and cooling systems

• Water damage or safety issues

If the inspector finds concerns, the buyer may request repairs or credits. Eric helps you evaluate which requests are reasonable and negotiates to protect your bottom line while keeping the deal alive.

Step 3: The Appraisal

If the buyer is financing the purchase, their lender will order a professional appraisal to confirm the home’s value.
A strong appraisal supports your contract price and keeps the buyer’s loan process moving smoothly.
Eric provides the appraiser with comparable sales and upgrade details to ensure your home is evaluated accurately—especially important in Manhasset’s competitive market.

Step 4: The Mortgage and Title Process

While the buyer finalizes their mortgage approval, your attorney and title company will:

• Verify that the title is clear of liens or judgments

• Prepare closing documents

• Coordinate tax and utility adjustments

Eric maintains communication between all parties—attorneys, lenders, and agents—to prevent last-minute surprises and keep your timeline consistent.

Step 5: Final Walkthrough and Closing

Right before closing, the buyer does a final walkthrough to confirm that the home’s condition matches the contract.
At closing, you’ll:

• Sign transfer and disclosure documents

• Receive final settlement statements

• Hand over keys and officially transfer ownership

You’ll then receive the proceeds from your sale—congratulations, your Manhasset home is sold!

Common Seller Mistakes to Avoid

❌ Ignoring repair requests that could stall financing
❌ Forgetting to cancel utilities or homeowner’s insurance
❌ Misunderstanding closing cost deductions
❌ Failing to prepare the home for the final walkthrough

Eric helps you stay ahead of each milestone so closing feels effortless, not stressful.

Why Work With Eric Berman REALTOR

• Local Expertise: Deep understanding of Manhasset’s legal and transactional nuances.

• Full Coordination: Manages communication between buyers, attorneys, and lenders.

• Proven Systems: Compass tools ensure deadlines and documents stay on track.

• Trusted Support: Keeps your best interests protected from offer to closing table.

Selling your home is a major transaction, but it doesn’t have to be overwhelming. With Eric Berman REALTOR by your side, you’ll move from offer acceptance to closing day with confidence, clarity, and peace of mind.

FAQs

What happens after I accept an offer on my Manhasset home?
Once you accept an offer, your attorneys finalize contracts, the buyer submits a deposit, and the inspection and appraisal follow. To stay on schedule, contact Eric Berman REALTOR for personalized guidance.

Can I still receive backup offers after accepting one?
Yes, sellers can accept backup offers until contracts are fully executed. Reach out to Eric to discuss whether that’s a good strategy for your situation.

How long does it take to close after accepting an offer?
In Manhasset, most closings occur within 45–60 days, depending on the buyer’s financing. To plan your timeline accurately, contact Eric Berman REALTOR.

What if the buyer requests repairs after the inspection?
You can negotiate credits or repairs. Eric helps you decide what’s fair and protects your bottom line — connect with him here.

What should I do to prepare for closing day?
Gather all keys, appliance manuals, warranties, and utility information. For a detailed closing checklist, reach out to Eric Berman REALTOR.