Won my first auction online at auction.com

[Brian Taylor]

So i won my first auction on Auction.com online, it was a forclosure that i had been watching for about a month, it went up 5 times before i finally jumped on it, i was the only bidder and won it for 37,902, the reserve price, we filed all the required documents right away, today we sent the earnest money deposit and the proof of funds, the auction.com rep told us it would be up to 10 calender days for citimortgage to i guess accept the offer and move forward, im completely new here so i was hoping someone could tell me what takes place once citimortgage accepts us, what should we expect.