Step 7:  The Closing

Finally, the processing is over and it's time to close. Generally, the buyer will do a "Final Walkthrough" Inspection of the house before closing to ensure that all the repairs have been made as negotiated. Closing takes place at the Title Company. Here we review the Settlement Statement (HUD 1), which lists all of the buyer's and seller's expenses. A warranty deed is given to the buyer and signed by the seller and any other documents are reviewed and signed. Once the process is complete, you will deliver the keys, the title company will record the legal documents and the money is yours!












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Intro       Step 1       Step 2       Step 3       Step 4       Step 5       Step 6       Step 7