Inspection, Appraisal & Underwriting
Understand everything that happens between an accepted offer and clear to close.
10 lessons · about 70 minutes
Lessons in this module
- 1What Happens After Your Offer Is Accepted?Introduces the due-diligence period that begins after offer acceptance, focusing on inspection, appraisal, and underwriting ahead.6 min
- 2Understanding the Home InspectionExplains what a home inspection covers, how it is conducted, and what buyers can expect from the report.6 min
- 3Major Home Inspection Red FlagsHighlights significant inspection findings that buyers should pay close attention to when reviewing a report.6 min
- 4Negotiating RepairsExplains how buyers and sellers negotiate repairs or credits after inspection findings, and common approaches used.6 min
- 5Understanding the AppraisalExplains what a mortgage appraisal is, who orders it, and how the appraiser arrives at a value estimate.6 min
- 6What Happens if the Appraisal Is Low?Explains the practical options available to buyers and sellers when an appraisal comes in below the purchase price.6 min
- 7Understanding Mortgage UnderwritingExplains what mortgage underwriting is and what an underwriter evaluates before approving a loan.6 min
- 8Documents Your Lender May RequestLists the types of documents lenders commonly request during underwriting and explains why each is needed.6 min
- 9Understanding Underwriting ConditionsExplains what underwriting conditions are, common types, and how buyers can efficiently satisfy them.6 min
- 10What Does Clear to Close Mean?Explains what clear to close means, what happens once it is issued, and what buyers should do in the days after.6 min
Educational content only — not financial, legal, or tax advice.