Closing The Deal

Some buyers celebrate with champagne, others are just glad to be done; either way, there are a few final steps before it's official.

Final Walk-Through Inspection

Your last chance to inspect the home before closing. By this point, all contingencies should be met and the seller's belongings should be completely removed. This typically happens the day of, or the day before, closing.

Closing

Once you're satisfied with the final walk-through, it's time to close. You, the seller, and the closing agent will sign the settlement agreement, confirming every financial detail of the transaction. You'll sign your loan documents and submit the remaining balance of your down payment and closing costs to escrow, either via certified bank check, cashiers check, or wire transfer. Once everything is complete, the deed is recorded at the County Recorder's office, and the property is officially yours.