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Once you accept an offer, your home moves into the escrow period — the phase where inspections, appraisal, and buyer due diligence take place. This is often the most stressful part of the selling process for homeowners — not because something is wrong, but because there are more moving parts and decisions. Scott’s role is to guide you through each step, explain what matters (and what doesn’t), and help you make confident decisions without surprises. |
What Does “In Escrow” Mean?
Being “in escrow” simply means:
● A buyer and seller have a signed contract
● A neutral third party holds funds and documents
● The transaction moves through agreed-upon steps toward closing
During escrow, several things happen in parallel — inspections, appraisal (if financed), title work, and final loan approval.
You don’t need to manage these details yourself. Scott coordinates timelines, communicates with all parties, and keeps the process moving forward.
Home Inspections
What to Expect as a Seller
After a contract is accepted, buyers typically schedule one or more inspections.
Common inspections may include:
🔧 General home inspection
🔧 Roof inspection
🔧 HVAC, plumbing, or electrical inspections
🔧 Specialty inspections (pool, seawall, termites, etc.)
It’s important to understand: Inspections are not pass/fail. It’s a detailed report that helps the buyer understand the property — it doesn’t automatically mean you must fix everything.
Most inspection reports are lengthy and include minor items. Scott helps you separate normal maintenance issues from items that may require discussion or negotiation.
Inspection Negotiations
Repairs, Credits & Decisions
After inspections, buyers may request:
🤝 Repairs
🤝 Credits at closing
🤝 Price adjustments
🤝 Or no changes at all
Not every request is reasonable — and not every issue requires action.
Scott will help you evaluate:
● What’s customary in your price range and market
● Which items affect value or safety
● When it makes sense to negotiate — and when it doesn’t
The goal is to keep the deal moving forward without giving away unnecessary concessions.
The Appraisal
What It Means for Sellers
If the buyer is using a mortgage, the lender will require an appraisal. The appraiser’s job is not to judge the home’s condition or upgrades — it’s to confirm the home supports the loan amount.
Possible outcomes:
📈 Appraisal meets/exceeds contract price: smooth path forward
📉 Appraisal comes in below the price: options may include:
● Agreeing to a price adjustment
● Buyer bringing additional cash
● Challenging the appraisal with comparable evidence
● Renegotiating terms
If the appraisal is low, Scott will walk you through the options — which may include renegotiation, buyer cash adjustments, or other solutions depending on the contract terms.
A low appraisal does not automatically cancel the deal. Scott helps you anticipate and navigate this possibility.
Common Escrow Issues
And How They’re Handled
Most escrows move forward smoothly, but issues can arise.
Common challenges include:
⚠️ Inspection disagreements
⚠️ Appraisal gaps
⚠️ Financing delays
⚠️ Title or HOA document issues
⚠️ Timeline extensions
The key is addressing problems early and calmly. Scott stays proactive during escrow, communicates with all parties, and helps resolve issues before they turn into deal-breakers.
Escrow, Inspection & Appraisal - Frequently Asked Questions
Q: Should I fix everything on the inspection report?
A: No. Many items are normal maintenance. Scott helps you identify which requests are reasonable to address.
Q: What happens if the appraisal is low?
A: Options may include renegotiation, buyer bringing additional funds, or other solutions depending on the contract.
Q: Can the buyer cancel during escrow?
A: Buyers can cancel under certain contingencies. Understanding timelines and conditions helps protect sellers.
Q: How long does escrow usually last?
A: Most Florida escrows close within 30–45 days, depending on financing and contract terms.
Want Guidance Through the Escrow Process?
Escrow doesn’t have to be stressful — especially when you know what to expect and have someone managing the details. If you’re preparing to sell or already under contract, a short conversation can help you understand the process and avoid surprises.
Schedule a Marketing Consultation
Call/Text: 📞 954-562-5111
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T. S. - I chose Scott Morreau to be my agent in selling my Oakland Park house simply because I liked his profile and his presentation! He seemed trustworthy as well as sorta fun. Scott is both. I had done extensive upgrades (solar, high impact windows & doors, new roof, new HVAC, etc), but felt my time in Florida had expired. My house sold in about two weeks - far faster than I had expected, meaning I was moving North in January! The sale went very smoothly. Even though I've done all this before, I'm quite ignorant about it. Yet I was not stressed; Scott did all things wonderfully. Thanks, man!Webb Wiggins
- Scott makes the home-buying process seamless and stress-free. He is knowledgeable, professional, and offers expert advice every step of the way. What truly stands out is his dedication to making sure his clients are completely satisfied. If you're looking for a trustworthy, hard-working real estate agent, look no further than Scott Morreau!Dan Jacobson
