Closing on a Home

Finalizing your home sale or home purchase should be an exciting time, not a stressful event. Find out how long closing takes, how much it costs, and how to close without delays.

What is the house closing process?
Closing on a Home
What is the house closing process?

The closing process has many moving parts and steps to complete before the seller relinquishes ownership and you become the official owner of your new home.

What is a loan origination fee and who pays for it?
Closing on a Home
What is a loan origination fee and who pays for it?

A loan origination fee is an upfront fee a lender charges to the borrower, but rates can vary. Here's everything you need to know to avoid overpaying.

When do you get your money after selling your home?
Closing on a Home
When do you get your money after selling your home?

The time it takes to get your money after selling your home depends on a few factors, the most important being whether yours is a "wet" or "dry" funding state.

What to Look for During the Final Walkthrough of Your New Home
Closing on a Home
What to Look for During the Final Walkthrough of Your New Home

As tempting as it is to rush the final walkthrough, it’s important to be methodical, as this is your last chance to catch any issues in the home before closing.

At What Point Do You Buy Homeowners Insurance When Buying a Home?
Closing on a Home
At What Point Do You Buy Homeowners Insurance When Buying a Home?

You can purchase a homeowners insurance policy at any time during the closing process. But you should have it in place at least a few days prior to closing.

How to Deal When the Home Buyer Wants to Move Your Closing Date
Closing on a Home
How to Deal When the Home Buyer Wants to Move Your Closing Date

If your home's buyer requests a new closing date, stay calm and ask your real estate agent to walk you through the best options, including a per diem penalty.

Getting Access to the Home Before Closing: What Can the Buyer Do?
Closing on a Home
Getting Access to the Home Before Closing: What Can the Buyer Do?

There are major legal and financial factors to consider when a buyer wants, and gets, access to the home before they officially close on it.

What Is Title Insurance, and Do You Need It?
Closing on a Home
What Is Title Insurance, and Do You Need It?

Title insurance protects both lenders and homebuyers from financial loss if somebody contests the title to a property or other issues with the title.

What the home seller needs to do after closing
Closing on a Home
What the home seller needs to do after closing

So you’ve sold your house and are ready to move on with your life. But does the buyer just sign the documents and immediately walk into your home?

Can a Buyer Back Out After the Final Walkthrough?
Closing on a Home
Can a Buyer Back Out After the Final Walkthrough?

Though it's rare, in some situations, buyers are allowed to back out after the final walkthrough. Here's how to avoid that.

Who Pays Closing Costs: The Buyer or Seller?
Closing on a Home
Who Pays Closing Costs: The Buyer or Seller?

When you're buying or selling a house, who pays the closing costs? The home buyer or the seller? Let's break down these costs so you know what to expect.

How long does it take to close on a house?
Closing on a Home
How long does it take to close on a house?

It can take up to 60 days to close on a house, but signing paperwork on closing day takes less than a few hours.

What Does a Title Company Do?
Closing on a Home
What Does a Title Company Do?

Your title company plays a major role in your home purchase or sale. Here’s an overview of what a title company does and how to find a title company near you.

How Much Are Seller Closing Costs?
Closing on a Home
How Much Are Seller Closing Costs?

Thinking about selling your house? Here’s a breakdown of your seller closing costs, so you can get an idea of how much you’ll make from your investment.