What actually happens at closing?
Closing may seem like it’s a finite event, but really it is a process. A lot of things are done ahead of time especially if it’s a remote closing.
What you can expect is to meet with a title company or office of an attorney who will walk you through every document and explain everything. This can take 30 to 60 minutes.
After everything, you will then be wired or provided a check for the proceeds.
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Fernando O. Angelucci is Founder and President of Titan Wealth Group. He also leads the firm’s finance and acquisitions departments. Fernando Angelucci and Steven Wear founded Titan Wealth Group in 2015, and under his leadership, the firm’s revenue has grown over 100% year over year. Today,
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So what happens at closing? So closing, it seems like it's a finite event, but really it's a kind of a process. So especially now in the days that we live in, usually a lot of things are done ahead of time. The settlement statement will be produced ahead of time. A lot of the documents will be signed ahead of time, especially if the closing is a remote closing. And then those documents will have to be sent in. But usually if you just go straight to a closing, what you can expect is to meet either at a title company or at the offices of an attorney, and the attorney will help walk you through all the documents needed that you have to sign. And they'll explain what each document is and why you need to sign that document. This process can take anywhere between 30 minutes to one hour. And at the end of that entire process, once the documents are given to the title company or to the attorney, and they're all approved, all the payoffs are done, then you'll either be wired your proceeds, or you'll be given a check for the proceeds amount.
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