Real Estate Closing Day: What to Expect

What to Expect on Closing Day

After weeks—or even months—of searching, negotiating, and paperwork, the closing process is the final step before becoming a homeowner. Here’s what to expect when you reach this exciting milestone.

Where and Who Is Involved

Closings usually take place at a title company, attorney’s office, or escrow office. You’ll meet with several key people, including the seller, both real estate agents, and a closing agent.

Bring your government-issued photo ID, proof of homeowners insurance, and any required payments for the down payment or closing costs. Use a certified check or wire transfer—personal checks aren’t accepted.

What Happens During Closing

You’ll sign several important documents. These include:

• The promissory note, which lists your loan terms.

• The mortgage or deed of trust, which secures the lender’s interest.

• The closing disclosure, which breaks down all costs.

Take your time reviewing each document. Make sure every detail is correct before signing.

After you sign and transfer the funds, the closing agent records the deed with the local government. This officially makes you the new homeowner. Once complete, you’ll receive the keys to your property—the moment you’ve been waiting for.