Accepted Offer Process
The document is a step‑by‑step procedural guide for buyers after a seller has accepted an offer on a property. It outlines nine sequential actions: (1) call the seller to confirm price and property details; (2) conduct due‑diligence checks on property, taxes, access, and deed history; (3) re‑evaluate the expected resale price and make a go/no‑go decision; (4) call the seller again to confirm moving forward or to discuss any issues; (5) renegotiate purchase price or terms if due‑diligence reveals problems; (6) prepare the deed in the LGPASS system with all parties’ information; (7) obtain the notarized deed—either a scanned copy via Simplifile or a wet‑signature original; (8) record the deed with the county or e‑record through Simplifile, ensuring successful recording before any payment; and (9) pay the seller after the deed is recorded, often the same day with e‑recording. The guide emphasizes clear communication, verification, and the conditional nature of payment on successful deed recording.
Topics
Initial Seller Confirmation Call
First phone call to the seller to verify purchase price and property details and set expectations for due‑diligence.