Once you sign, the buyer's due diligence period begins.
Inspections and repair requests
Expect a home inspection and possibly specialist visits. The buyer may ask for repairs or a price reduction. You can agree, counter or decline. Responses are made in writing.
Appraisal
If the buyer has a loan, the lender orders an appraisal. If it comes in low, the options include adjusting the price, the buyer covering the gap, or a mix of both.
Closing
North Carolina closings are handled by attorneys. You will sign the deed and closing documents, often ahead of time. Your loan is paid off from the proceeds, and the rest is sent to you once the deed is recorded.