Does closing on a house mean you get the keys? Whether you’ve just purchased a home or are planning to buy one soon, you might be wondering when exactly you can have the keys after closing.
In this post, Nancy Kowalik and our real estate experts at Your Home Sold Guaranteed Realty - Nancy Kowalik Group will answer this frequently asked buyer question.
Key Takeaways:
- You won’t be able to get the keys to your new house until the end of the closing process. This process can take anywhere from 30 to 60 days to complete.
- At some point during the closing process, you and the seller will agree on a final closing date where ownership of the home will be officially transferred to you and you’ll receive the keys.
- No, there’s generally not a way to get the keys before the end of the closing process. The only exception would be if you and the seller agree on an early occupancy agreement. The seller will still own the property and they’ll retain their own set of keys.
Does Closing on a House Mean You Get the Keys?
You won’t be able to get the keys to your new house until the end of the closing process. This process can take anywhere from 30 to 60 days to complete, depending on several factors. This includes how long it takes the lender to approve your loan, title search, home inspection, and home appraisal.
At some point during the closing process, you and the seller will agree on a final closing date. This is the last time you and the seller, along with your realtors, will meet to sign any remaining paperwork, do a final walkthrough of the property, and transfer the necessary funds. Ownership of the home will be officially transferred to you, and you’ll receive the keys.
Is There a Way to Get the Keys Sooner?
There’s generally not a way to get the keys before the end of the closing process. The only exception would be if you and the seller agree on an early occupancy agreement.
An early occupancy agreement, also known as a pre-possession agreement, is a contractual arrangement between you and the seller that allows you to take possession and move into the property before the official closing date.
In this situation, you’ll usually rent the home until the end of the closing process. The seller will still own the property and they’ll retain their own set of keys.
At the end of the closing process, the home will officially become yours and the seller will hand over their set of keys.
Buying a Home in Mullica Hill is Easy with Nancy Kowalik
Navigating the closing process and getting the keys to your new home is easier when you have an experienced realtor at your side. At Your Home Sold Guaranteed Realty - Nancy Kowalik Group, Nancy Kowalik and our team have years of experience helping people buy a house in Mullica Hill and the broader South Jersey area.
We commit to delivering high-quality customer service and provide several unique buyer guarantees like our Buy it Back Guarantee.
Give us a call at (856) 478-6562 to learn more about working with us or get started finding Mullica Hill homes for sale. You can also use the form below. Don’t have to wait to make your real estate dreams come true!
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