Module 6: Under Contract — What Now?

Going under contract is exciting — but the work is just beginning. The due diligence period (typically 10–21 days) is your window to thoroughly investigate the property and finalize your financing.

First 48 Hours: Critical Tasks

1. Deposit earnest money per the contract terms.
2. Schedule the home inspection immediately (good inspectors book up fast).
3. Notify your lender — provide the signed contract and begin formal underwriting.
4. Order any additional inspections: radon, sewer scope, mold, pest.

After the Inspection

Review the inspection report carefully with your agent. Categorize findings by severity. Request a repair credit for significant items rather than asking the seller to manage repairs — this gives you control over the quality of work after closing.