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Under contract

How inspections, appraisals, and title work feed into the closing timeline — and where deals commonly stall.

The clock-running stage on the seller side. Inspection negotiations and low-appraisal scenarios are the two places where sellers commonly need to make consequential decisions quickly.

  • Responding to inspection findings — repairs, credits in lieu of repairs, refusals, or splits
  • Handling a low appraisal through price reductions, buyer cash contributions, ROVs, or termination
  • Tracking the buyer's financing progress and watching for underwriting hiccups
  • Coordinating final-walkthrough access and any remaining repair work

Questions to ask at this stage

Ask yourself

  • If the appraisal comes in low, what's the reservation price below which it's better to terminate and re-list?

Ask your listing agent

  • For inspection findings, what's the cost of doing the repairs versus offering a credit, and which response keeps the deal cleanest?
  • Are there warning signs in the buyer's financing progress that would justify lining up a backup offer?
  • What does the contract say about the timing of any remaining repair work, the final walkthrough, and possession date?

Articles in this stage

More in the seller journey

  1. 01
    Should you sell
    How to think about timing, equity, the tax implications, and what selling actually nets.
  2. 02
    Preparing
    What to fix, what to skip, and how listing-side work translates (or doesn't) into price.
  3. 03
    Listing
    How agents price homes, how the post-NAR-settlement commission landscape works, and how listings are marketed.
  4. 04
    Offers
    What an offer actually contains beyond price, and how to read terms that matter as much as the number.
  5. 05 · You are here
    Under contract
  6. 06
    Closing
    The seller's side of closing, the settlement statement, and the proceeds calculation.
  7. 07
    After
    Capital gains, the primary-residence exclusion, and what to track for next year's taxes.