Settlement Process

A “closing,” also called a “settlement,” is when property ownership is transferred from one party to another. The actual process can take 30 to 60 days, after which a closing date is set to sign contracts and literally hands the keys from the seller to the buyer.

The Process

Even though “closing” or “settlement” is commonly thought of as the actual day that the transaction is finalized, it’s actually a process that begins as soon as a purchase contract is signed. READ MORE

Closing

When “closing day” finally arrives, you’ll meet with several parties to finalize the transfer of property. READ MORE

The Players

A number of different parties are involved in the process of refinancing or transferring ownership of real estate. You can expect to see any or all of them at the closing itself. READ MORE

The Documents

You will be asked to initial or sign a number of documents during the closing. READ MORE