Step 28 To Selling Your Home – What Happens At Mutual Acceptance

Andi • February 13, 2023

Congratulations, you have reached Mutual Acceptance! This means both parties have agreed to the terms and the process can begin. We will provide you a copy of the final Purchase & Sale Agreement and send you a summary of all the important dates we both will need to track, including:

Mutual Acceptance
Earnest Money Deposit Deadline 
Loan Application for Financing Completed
Evidence of Funds Due
Form 17 Sellers Disclosure Delivery Deadline
Form 17 Buyers Response/Objection Deadline
Seller’s Deadline to deliver FIRPTA to the Closer
Buyer’s Inspection Deadline
Seller’s Inspection Response/Objection Deadline
Did Buyer Submit Inspection Extension Notice?
Inspection Extension Response/Objection/Objection Due
Septic Inspection Deadline
Septic Inspection Response/Objection Due
Well Inspection Deadline
Well Inspection Response/Objection Due
Feasibility Deadline
Feasibility Response/Objection Due
Short Sale Deadline
Short Sale Response/Objection Due
Seller’s HOA Delivery Deadline
Buyer’s HOA Response/Objection Deadline
Resale Certificate Review Period Deadline
Neighborhood Review Response/Objection Due
Seller’s Title Document Delivery Deadline 
Buyer’s Title Document Response/Objection/Objection Deadline
Appraisal Due Back
Appraisal Scheduled
Appraisal Objection Deadline
Appraisal Resolution Deadline
Closing Date 
Buyers Possession Date 

Depending on your transaction and terms, there may be more dates, but we will make sure you are well-informed.

This content is not the product of the National Association of REALTORS®, and may not reflect NAR’s viewpoint or position on these topics and NAR does not verify the accuracy of the content.

Copyright © 2022 Andi Dyer and Sterling Real Estate Group.  All rights reserved.

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