Close of Escrow

Closing Day

Closing day is the final step in the home-selling process. By this stage, inspections, financing, title work, and contract requirements have typically been completed. Staying organized and reviewing final details with your agent can help ensure a smooth closing.

Final Walk-Through Inspection

Buyers typically complete a final walk-through within 24 hours of closing to confirm the property's condition, verify agreed-upon repairs have been completed, and ensure the home is ready for transfer.

Cancel Home Services and Utilities

Before closing, arrange for the transfer or cancellation of utilities and services, including electricity, water, internet, security systems, and other service accounts. Coordinate dates carefully to avoid interruptions before settlement.

Be Prepared

Unexpected issues can occasionally arise before closing, such as financing delays, title questions, or scheduling changes. Staying flexible and maintaining communication with your real estate professional can help keep the transaction on track.

Closing

At settlement, all parties sign final documents, funds are distributed, and ownership is transferred to the buyer. Sellers should gather any items that transfer with the property, such as keys, garage door openers, manuals, warranties, and access information.

Once all documents are completed and the deed is recorded, the sale is finalized and the transaction is complete.