MAKING THE PURCHASE
Our Real Estate Consumer Guide has put together information about the final stage of your real estate purchase - the closing period. The topics below will help you to better understand the settlement process most commonly referred to as 'closing'. Click on each link to learn about each step and who will be involved.
What happens now that you've found your dream home and qualified for the loan?
You will begin what is known as the closing or settlement process.
The closing process is the period between the day you receive your loan approval and the day you finalize the purchase of your home. During this time you will schedule and complete all the pre-closing activities that need to be done prior to the closing date. At the closing, you will sign the paperwork to close the purchase of your home.