Closing Escrow Today Where’s My Keys?

The moment you’ve been waiting for has finally arrived: you’re closing escrow on your new home today. After months of searching, negotiating, and planning, you’re about to become the proud owner of a piece of property that you can truly call your own. But before you can start unpacking your boxes and settling in, there’s one important question you’re probably asking yourself: “I’m Closing Escrow Today Where’s my keys?”

Closing escrow is the final step in the home buying process. It’s the point at which the seller transfers ownership of the property to the buyer, and the buyer pays the agreed-upon purchase price. Once this is done, the buyer is given the keys to the property and officially becomes its new owner.

But just because you’re closing escrow doesn’t necessarily mean you’ll get your keys right away. There are a few things that need to happen before you can take possession of your new home.

The first thing you’ll need to do is sign a mountain of paperwork. This paperwork includes your mortgage documents, your purchase agreement, your title documents, and various other legal forms. The process can be time-consuming and tedious, but it’s important to take the time to review each document carefully to make sure everything is accurate.

Once you’ve signed all the paperwork, you’ll need to provide the funds necessary to complete the purchase. This typically involves a wire transfer from your bank to the escrow account that’s holding the purchase price. This process can take a few hours, so don’t expect to get your keys right away.

Next, the title company will record the transfer of ownership with the local county recorder’s office. Usually this happens the same day but can take a day or two, depending on how busy the recorder’s office is and the recording guidelines in your County. Once the transfer of ownership is recorded, the title company will issue a final title report and send it to your lender and your real estate agent.

Finally, once the funds have been transferred and the transfer of ownership has been recorded, your Agent can release the keys to you for your new home. This usually happens on the same day as the closing, but it can take a little longer if there are any delays with the paperwork or the transfer of funds.

So, what can you do to make sure you get your keys as quickly as possible? Here are a few tips:

  1. Be prepared. Make sure you have all the necessary paperwork and funds ready before you arrive at the closing. This will help ensure that the process goes smoothly and that you can get your keys as soon as possible.
  2. Stay in touch with your real estate agent and lender. They can keep you updated on the status of the transfer of funds and the recording of the transfer of ownership. If there are any delays, they can help you understand what’s causing them and what you can do to speed up the process.
  3. Be patient. While you may be eager to get your keys and start unpacking, remember that there are many steps involved in closing escrow. It’s important to stay calm and patient and let the process play out.
  4. Celebrate! Once you finally get your keys, take a moment to celebrate your new home. It’s a big accomplishment, and you should be proud of yourself for making it happen.

Closing escrow and getting your keys is an exciting moment in the home buying process. While it can be frustrating to wait for everything to be finalized, it’s important to remember that the process is designed to protect both the buyer and the seller. By staying patient and working closely with your real estate agent and lender, you can help ensure that the process goes smoothly and that you get your keys as soon as possible.


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