Before Closing Day
In the days before closing, you'll complete a final walk-through of the property, review your closing disclosure, and wire your funds to the title company.
- ✓Schedule your final walk-through 24–48 hours before closing
- ✓Review the Closing Disclosure (CD) at least 3 days before closing
- ✓Confirm the wire transfer amount and account details with your title company
- ✓Bring a valid photo ID to closing
At the Closing Table
Closing typically takes 1–2 hours. You'll be signing legal documents including the mortgage note, deed of trust, and title documents. Your agent and/or attorney will be there to answer questions.
Your Closing Costs
Closing costs typically run 2–5% of the purchase price. These include lender fees, title insurance, prepaid items (taxes, insurance), and any prorated expenses.
- ✓Lender origination fees
- ✓Appraisal and inspection fees
- ✓Title insurance and escrow fees
- ✓Prepaid property taxes and homeowner's insurance
- ✓Recording fees
After Closing
Congratulations! After closing, you'll receive your keys and official ownership of your new home. Keep all closing documents in a safe place - you'll need them for tax purposes and future reference.