You’ll know the details regarding time, place and method of closing beforehand. Closings can happen in-person by the buyer, in-person by a Power of Attorney, remotely via a notary, or remotely via e-signature. Many in-person closings take place at a local title company as they have in-house closing attorneys.
The standard in-person closing typically takes an hour or less. Upon arriving at the title company you’ll present your valid government ID. You’ll sit at a table opposite of the closing attorney who will talk you through your stack of documents to sign. Feel free to interrupt with questions. Once you’ve signed everything, you’re almost official! Typically you’re not 100% official until the funds hit the seller’s bank account; your title company can notify you when this happens. Unless you’ve pre-arranged for “temporary occupancy” or a rent-back period for the sellers, you are able to get the keys and move into the property immediately! Congrats!
After closing, you will receive junk mail because of your publicly recorded deed. This junk mail may ask you to pay fees, taxes or for your recorded deed, but you do not owe any additional fees after closing other than your mortgage payment. Call your lender or title company with any questions.