Close the Sale

Step 10: Final walkthrough, paperwork, and transfer ownership

The Final Stretch

Closing day is the culmination of your selling journey. After weeks or months of preparation, marketing, and negotiation, you'll finally transfer ownership and receive your proceeds. While exciting, closing requires attention to detail and final preparations to ensure everything goes smoothly.

2-3 hours
Average closing duration
15-30
Documents to review & sign
Same Day
When you receive proceeds

Pre-Closing Checklist

Complete these tasks in the days leading up to closing to avoid last-minute issues.

1 Week Before Closing

๐Ÿ“‹

Review Closing Disclosure

Verify all numbers match your expectations - sale price, closing costs, net proceeds

๐Ÿ”ง

Complete Agreed Repairs

Finish all negotiated repairs and gather receipts for buyer

๐Ÿ“ž

Confirm Closing Details

Time, location, attendees, and required documents with your agent

๐Ÿฆ

Arrange Wire Instructions

Provide secure wiring details to title company for proceeds transfer

2-3 Days Before Closing

๐Ÿงน

Final Cleaning

Professional cleaning or thorough DIY clean - home should be move-in ready

๐Ÿ“ฆ

Remove All Belongings

Pack and remove everything not included in sale - check garage, basement, attic

๐Ÿ”‘

Gather All Keys

House keys, garage remotes, mailbox keys, shed keys, alarm codes

๐Ÿ“„

Prepare Documentation

Warranties, manuals, repair receipts, HOA documents, utility information

Day Before Closing

๐Ÿ‘ฅ

Final Walkthrough Preparation

Ensure home is in agreed-upon condition for buyer's final inspection

๐Ÿ’ผ

Organize Closing Documents

ID, deed, keys, garage remotes, warranties, repair receipts

๐Ÿ“ฑ

Confirm Final Details

Double-check closing time, location, and attendee list

Final Walkthrough

The buyer's final walkthrough typically occurs 24-48 hours before closing to verify the home's condition.

Purpose of Final Walkthrough

Verify Condition: Ensure home is in same condition as when offer was accepted
Check Repairs: Confirm all agreed-upon repairs were completed satisfactorily
Test Systems: Verify all utilities, appliances, and systems are working
Confirm Inclusions: Ensure all items listed in contract remain with home

What Buyers Typically Check

๐Ÿ  Overall Condition

  • No new damage since inspection
  • Home is clean and move-in ready
  • All personal belongings removed

๐Ÿ”ง Systems & Utilities

  • Electricity, water, gas functioning
  • HVAC system operational
  • All light fixtures and outlets working

๐Ÿ“‹ Included Items

  • Appliances listed in contract
  • Light fixtures and ceiling fans
  • Window treatments if included

๐Ÿ”จ Completed Repairs

  • All negotiated repairs finished
  • Work completed professionally
  • Receipts and warranties provided

Closing Day Process

Understanding the closing process helps you prepare for a smooth final transaction.

1

Document Review

Review and sign the closing disclosure, deed, and other legal documents. Ask questions about anything unclear.

Duration: 30-45 minutes
2

Fund Transfer

Title company verifies buyer's funds and prepares to transfer your proceeds via wire or certified check.

Duration: 15-30 minutes
3

Key Exchange

Hand over all keys, garage remotes, alarm codes, and important documents to the new owners.

Duration: 10-15 minutes
4

Recording & Completion

Title company records the deed transfer with the county. You receive your proceeds and the sale is complete!

Duration: 15-30 minutes

What to Bring to Closing

Come prepared with these essential items to avoid delays.

Required Documents

๐Ÿ†”

Government-Issued Photo ID

Driver's license or passport for identity verification

๐Ÿ“„

Current Deed

Proof of ownership (title company may have copy)

๐Ÿฆ

Wire Transfer Instructions

Bank routing and account information for proceeds

๐Ÿ”ง

Repair Receipts

Documentation of completed negotiated repairs

Items to Transfer

๐Ÿ”‘

All Keys

House, mailbox, shed, and any other property keys

๐Ÿš—

Garage Door Remotes

All remotes and programming instructions

๐Ÿ›ก๏ธ

Security System Info

Alarm codes, monitoring company contacts

๐Ÿ“š

Manuals & Warranties

Appliance manuals, system warranties, maintenance records

Understanding Your Proceeds

Know exactly what you'll receive and when your funds will be available.

Net Proceeds Calculation

Sale Price
$350,000
โˆ’
Agent Commission (6%)
$21,000
โˆ’
Closing Costs
$3,500
โˆ’
Outstanding Mortgage
$245,000
=
Your Net Proceeds
$80,500

When You'll Receive Funds

Wire Transfer (Recommended)

Timeline: Same day, usually within 2-4 hours

Cost: $25-50 fee

Benefits: Fast, secure, immediate access

Certified Check

Timeline: Available at closing

Cost: No additional fee

Benefits: Immediate possession, but bank hold possible

Post-Closing Tasks

Complete these final tasks after closing to wrap up your home sale.

Immediate (Day of Closing)

Confirm Fund Receipt: Verify proceeds arrived in your account
Cancel Utilities: Contact providers to stop service or transfer to new address
Update Insurance: Cancel homeowner's policy effective closing date
Forward Mail: Set up mail forwarding with postal service

Within 1 Week

Tax Considerations: Consult accountant about capital gains implications
Update Address: Change address with banks, credit cards, subscriptions
Thank Your Team: Send appreciation to agent, lender, attorney who helped
Leave Reviews: Review your agent and service providers online

๐ŸŽ‰ Congratulations!

You've successfully completed the home selling process! From determining your motivation to closing day, you've navigated every step of this complex journey. Whether you're moving across town or across the country, you should be proud of this major accomplishment.

โœ…
10 Steps Completed
๐Ÿ 
Home Successfully Sold
๐Ÿ’ฐ
Proceeds Received

Ready for Your Next Adventure?

If you're buying a home in Tulsa, our comprehensive buying guide can help you navigate that process with the same confidence and success.