- CLOSING -

Closing marks the final step in your home buying journey, where all necessary documents are signed, funds are transferred, and ownership of the property officially changes hands.

Traditionally, closings take place at the title or escrow company, but thanks to modern technology, remote closings are becoming increasingly common, offering added convenience to buyers.

At YELLOW, we recommend title services that facilitate remote closings, saving you the hassle of traveling to a physical location.

ADDITIONAL RESOURCES

• Realtor.com Remote closings
• Real Estate Law Blog I’ll Take That Closing to Go Please

- WHAT TO EXPECT -

Here’s what happens at closing:

• Payment of Closing Costs: You'll settle your closing costs and any remaining deposits, typically through a wire transfer.
• Paperwork Galore: Be prepared to fill out a multitude of paperwork, including legal documents and financial disclosures.
• Receiving Your Deed: Upon completion, you'll receive the deed to the property, officially transferring ownership to your name. Additionally, you'll obtain keys, garage door remotes, and any other essential items related to the property.

For a deeper understanding of the closing process, explore these resources:

WHAT TO EXPECT AT CLOSING

• Bankrate Understanding the closing process
• NOLO What happens at the closing
• Know Your Options Close on your home

CLOSING CHECKLIST

• Landmark HW What you should bring to closing
• Consumer Finance Mortgage closing checklist

CLOSING COSTS

• The Balance Buyer closing costs
• Nerd Wallet Closing costs calculator
• Michael Bluejay Closing costs

EXPLAINING CLOSING DOCUMENTS

• Consumer Finance Mortgage closing forms