Close of
Escrow

Closing Day with Key Realty Solutions: What to Expect & How to Prepare

Closing day marks the official transfer of ownership from seller to buyer—a significant milestone in your real estate journey. Here’s what you need to know to ensure a smooth and stress-free process.

Final Walk-Through Inspection

• Purpose: This is the buyer’s last chance to confirm that the property’s condition remains unchanged and that all agreed-upon repairs have been completed.
• Timeline: Typically scheduled the day before or on the day of closing.

Cancel Home Services & Utilities

• Reminder: Don’t forget to discontinue essential services like water, electricity, gas, internet, and cable before moving out.
• Support from Us: Key Realty Solutions will provide a handy list of service providers to simplify the transition.

Expect the Unexpected

• Potential Last-Minute Issues: Unexpected repairs, financing delays, or last-minute paperwork changes can arise.
• Our Role: With our expertise, we’ll handle any unforeseen challenges swiftly, ensuring a seamless closing experience.

The Actual Closing Process

• Settlement Statement: This document (sometimes called the HUD-1 Settlement Statement) outlines all financial transactions, including the sale price, fees, adjustments, and final amounts due.
• Signatures: Both parties must sign the settlement statement, along with the closing agent, confirming accuracy.
• Remote Closing: If you’re unable to attend in person, let us know in advance—we can coordinate remote signings or alternative solutions.
• Receiving Your Funds: Choose between a direct wire transfer or receiving a check at closing.
• Property Handover: Prepare to hand over all property keys, remote controls, and any relevant documents, such as appliance manuals.

Closing day is a mix of excitement and anticipation. With proper preparation and the guidance of Key Realty Solutions, you can navigate this final step with confidence, ensuring a smooth and rewarding conclusion to your home-selling journey. We’re here to support you every step of the way!