Purchasing a property isn’t as simple as just writing a check and getting the keys. So when do you get the keys?
Typically, the process of going to the title company to sign documents (the signing) is thought of as the ‘closing’ and new buyers often anticipate getting the keys to their new home then.
Even though the signing is a very important step in the closing process, the transaction does not actually ‘close’ until the funds are provided to the title company and the deed to transfer title is recorded at the county courthouse. This can take place either a day or a few after signing.
Check out the Buyer/Seller Guide we’ve put together for more information on what happens during the purchase or sale of a property.