What to Expect at Closing: A Step-by-Step Guide

After weeks (or months) of searching, negotiating, and paperwork, you’ve made it to the finish line: closing day. But what exactly happens at closing, and what should you expect?

Here’s a breakdown of the process for both buyers and sellers.


What Is “Closing”?

Closing (or settlement) is the final step in the real estate transaction where property ownership officially transfers from seller to buyer.


Who Attends Closing?

• Buyer and seller (sometimes separately)
• Real estate agents
• Closing attorney or escrow officer
• Loan officer (if applicable)

What Happens During Closing

1. Review the Closing Disclosure – Buyers receive this at least 3 days prior. It outlines loan terms, payments, and closing costs.
2. Sign Documents – Both parties sign legal paperwork, including the deed, loan documents, and settlement statements.
3. Payment of Funds – Buyers pay closing costs and down payment; lenders fund the loan.
4. Title Transfer – Ownership officially transfers to the buyer.
5. Keys Handed Over – The most exciting part—keys to the new home!

Buyer Tips for Closing

• Bring a valid photo ID.
• Wire funds in advance if required (watch for wire fraud scams!).
• Do a final walkthrough of the home within 24 hours before closing.

Seller Tips for Closing

• Leave the home clean and move-out ready.
• Bring keys, garage remotes, and any necessary documentation.
• Review the closing statement carefully to ensure accuracy.

The Bottom Line

Closing can feel overwhelming, but with preparation, it’s a straightforward process that leads to one of life’s most exciting moments: handing over the keys (or receiving them!).


👉 Whether you’re buying or selling, our team is here to walk you through the entire process—from contract to closing—so you can feel confident every step of the way.