Have accepted an offer. What happens next?

chocaholic110

We accepted an offer on our house today. The estate agent says we don't have to do anything. Have never sold a house before and feeling a bit overwhelmed!What needs to happen next?

cattie

Well, you need to get yourself a solicitor if you haven't got one already, but first wait till the buyer's have had their survey done & you know they are going to proceed with purchase. It's then usual for ea to notify solicitor of purchase price & you should do this too & pay any up front charges solicitor may require.

terrierlady

R The People Ready To Go Or Do They Have To Sell Theirs First?

roosterbean

Hey chocoholic110, well done - was it Ms disinterested or Ms exciteable (or something similar!)? Good luck all the way..

cheeny

all you have to do is call your solicitor, say you accepted offer, tell solicitor the estate agents name etc, then wait till about 5 days before the sale concludes and youll get a letter asking you to sign on the dotted line.
Bear in mind the buyer can pull out any time up to then. Leaving you back to stage one asking the estate agent to put the property back on (its free of course) because you asked them to sell it and it fell through. normal practice.
A bit duanting if your date is eight weeks away - can really set you back a few months.
Have had it done to me several times but its usually the buyer doesnt get their loan on time so they ask for another couple weeks, which is better than re advertising. Remember though the buyer doesnt usually want the sale to fail either because, the time spent looking at properties, the time with banks etc - what i really mean is -they are also back to square one. no-one likes wasting 2 - 3 months off their time.
N.B. But is does leave your buyer free to still look around, tie up another deal and pull out of yours. Thats why its supposed to be stressfull.
Hee hee good luk

krispy444

First of all you ring around and get some quotes from solicitors. Remember cheap is not always best. Once you have found a solicitor you then need to tell the estate agent who it is. They will the send out sales details to each sides solicitors. You need to locate your Deeds or alternatively if the Lender holds them (if you have a mortgage) then gives your lenders details to your solicitor who will be able to get the Deeds and start to draw up a contract package. Hope this helps and good luck

chocaholic110

Thanks all.
Roosterbean it was Ms Enthusiastic who is buying it (hopefully!)
She is a first time buyer so fingers crossed it all goes smoothly and quickly.