Closing The Deal

Champagne or a sigh of relief, either way, the finish line is close. Before you own the keys, a few final steps protect your investment and keep the numbers clean.

Final Walk-Through Inspection

This is your last chance to verify the property matches the deal you agreed to before it becomes your asset. By this point, every contingency in the Purchase Agreement should be satisfied and the seller's belongings fully cleared out. Most owners schedule this walk-through the day before or the day of closing, giving you one final, objective look before the transaction locks in.

Closing

Once the walk-through checks out, it's time to make it official. You, the seller, and the closing agent will sign the settlement agreement, a clear, data-backed record of every financial transaction that got you here. You'll sign your loan documents and deposit your down payment and closing costs into escrow, either with a certified bank check or an electronic wire transfer to the escrow account. Once the paperwork is complete, the deed is recorded with the County Recorder's office and the property becomes yours. From here, your rental strategy officially begins.