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.
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