The Closing

When “closing day” finally arrives, you’ll meet with several parties to finalize the transfer of property. Generally, the steps are:

Sign Documents — You’ll be asked to initial or sign a number of documents.

Pay Closing Costs and Escrow — You should arrange to have funds wired to pay for closing costs.

You Will Get the Keys — Once all papers are signed and the money has changed hands and everything has been recorded and is perfectly legal, you’ll receive the house keys.

After the settlement meeting, we officially record the mortgage and deed at your local Recording Office or Register of Deeds. Funds held in escrow, such as broker commissions and money owed to the seller, are disbursed after the transaction is recorded at the municipal office.