Timeline Overview
From contract to closing typically takes 30-45 days:
- Days 1-3: Contract signed, earnest money deposited
- Days 3-10: Inspections and due diligence
- Days 10-30: Appraisal and loan processing
- Days 30-45: Final underwriting and closing
Closing Costs
Buyer Costs
- Loan origination fees
- Appraisal fee
- Title insurance
- Recording fees
- Prepaid property taxes
- Homeowner's insurance
Seller Costs
- Real estate commissions
- Title insurance (owner's policy)
- Transfer taxes
- Prorated property taxes
Documents to Review
- Closing Disclosure (3 days before closing)
- Deed
- Loan documents
- Title insurance policy
- HOA documents (if applicable)
What to Bring
- Government-issued ID
- Cashier's check or wire transfer confirmation
- Proof of insurance
- Any outstanding documents requested
Remote Closing Options
Many closings can now be completed remotely:
- Electronic signatures where allowed
- Mobile notary services
- Wire transfers for funds