How It Works

A real estate closing is the conclusive phase of a property transaction where ownership is transferred from the seller to the buyer. This pivotal event involves the signing of legal documents, including the deed and mortgage agreements, along with the payment of funds covering the purchase price and

Real Estate Closing Quick Facts:

  Final Transaction: The closing is the final step in the home-buying process where ownership of the property is officially transferred from the seller to the buyer. Legal Obligations: It involves signing legal documents, including contracts, mortgage agreements, and disclosures, which bind both par