What happens after I accept an offer on my Portland home?

Once you accept an offer on your Portland home, the next steps include finalizing inspections, appraisals, mortgage contingencies, and preparing for closing—YogaBug Real Estate guides you through each stage smoothly.  

H2: Understanding Your Next Steps After Accepting an Offer 

Accepting an offer is just the kickoff. Here’s a clear, step-by-step look at what unfolds—and how you stay in control. 

1. Open Escrow & Secure Earnest Money 

Once you accept an offer, you or your agent opens escrow with a title company. The buyer deposits earnest money—usually 1–3% of the sale price—showing their commitment. 

2. Inspection Period Begins 

Buyers schedule home inspections (general, sewer scope, etc.). If issues arise, they may request repairs or credits. YogaBug Real Estate ensures you respond promptly and fairly, honoring Fair Housing and NAR guidelines. 

3. Appraisal & Loan Approval 

Buyers usually finalize their mortgage contingency by getting your home appraised and their loan approved. If the appraisal falls short, you may negotiate price adjustments—or walk away, depending on terms. 

4. Title Review & Insurance 

The title company searches the property’s history. If title issues surface, you’ll work with them to resolve liens or errors. You’ll also secure title insurance to protect the buyer—and yourself. 

5. Final Walk-Through & Closing Disclosure 

Shortly before closing, the buyer does a final walk-through to confirm the home’s condition. Meanwhile, you review and sign closing documents—including the Closing Disclosure, which outlines all final numbers. 

6. Closing Day 

On closing day, funds transfer, and the sale is finalized. The deed is recorded with Multnomah County, and the keys are handed over—typically by your escrow agent or YogaBug Real Estate. 

H2: Portland Market Context—Why This Matters Now 

To help you tailor your timing and expectations, here’s a snapshot of the 2025 Portland real estate scene: 

Metric	Value
Median Sale Price (Citywide)	~$544,000, up 4.6% YoY (July) Redfin
Days on Market	~22 days, up from 18 last year Redfin
Zillow Home Value Index	~$536,765, down 1.2% YoY; 16 days to pending Zillow
Buyers vs. Sellers	~2,500 more sellers than buyers as of April Axios

This shows that: 

• Competition has cooled. You may need to set realistic expectations on sale speed and flexibility. 

• Accurate pricing matters more than ever. Too high and your home might linger; too low and you leave money on the table. 

• The closing process matters. In a shifting market, a smooth process makes you stand out. 

 

H2: Local Insights You Can’t Ignore 

• Northeast Portland: Homes go pending in just 12 days, and hot listings can sell ~1% above list price Redfin. 

• Inventory is rising. As of April, listings were up (~1,261 vs. ~1,000 last year) and price reductions more common (38% of listings) Real Estate Agent PDX. 

• Neighborhood momentum matters. Areas like Alberta and Sellwood are showing renewed interest propmhomes.com. 

 

H2: How YogaBug Real Estate—and Pam Blair—Supports You 

As your guide and neighbor, YogaBug Real Estate (led by Pam Blair) offers: 

• Local expertise you can trust. Pam knows Portland’s evolving neighborhoods—what buyers expect and how to navigate offers. 

• Transparent communication. You get timely updates, whether it’s inspection feedback or contract changes. 

• Ethical, compliant support. Every step considers Fair Housing rules and best practices—no corners cut. 

• Problem-solving mindset. From title glitches to inspection surprises, YogaBug helps you move forward practically and calmly. 

 

H2: A Quick Recap—Steps After Accepting an Offer 

1. Open escrow & receive earnest money 

1. Manage inspections & possible negotiations 

1. Complete appraisal & finalize loan contingency 

1. Resolve title issues & secure insurance 

1. Prepare for final walk-through & review disclosure 

1. Close the sale & hand over keys 

 

H2: Final Thoughts & Next Best Move 

What happens next depends on your preparation. This process** won’t be mystical—but having a skilled partner makes it smoother. 

If you’re ready for help—whether you’re curious about neighborhood comparisons or closing timelines—reach out to Pam Blair and YogaBug Real Estate. Your goals are local, and your support should be, too.