Closing Date

The closing date is an exciting (and expensive day). On your closing date, you will pay the balance of the home purchase price to the seller, and the seller transfers title or ownership of the property to you. This is handled by your lawyers and the seller’s lawyers. Your lender will work with your lawyer to ensure all of the legal documents are in place and the requirements of the lender have been met in order to make sure the mortgage funds are available on the closing date.