Do you get your new home as soon as you close?

On Behalf of | Jul 30, 2021 | Real Estate

The home buying process can take some time. You make an offer, it may get countered, you have an inspection done, you talk to a lender about getting a loan, etc. It can feel frustrating, at times, if you just want to move into your new house. But there are a lot of steps that must be taken. 

The last step is typically the real estate closing. This is where you and the seller sign the paperwork and the title company works to move the home into your name. All of the other details have been sorted out. The house is actually becoming yours. 

But does that mean you can move in right away? Could you theoretically drive from the office after closing and walk into your new house?

It depends on the move-in date

Among the many other details you will contractually agree to while buying a home is the move-in date. This specific date defines when you can move in and it must be followed. 

For many, the move-in date is the same as the closing date. Once you close, the house is yours, and you can do whatever you want with it. For others, though, the move-in date is set in the future. Maybe the seller needs a week to get everything out. Maybe they still want to live in the house while buying a home of their own. These things are possible, and they should be discussed in advance. 

Working through the legal process

When you have questions about buying a home and the process it involves, it’s always wise to take the time to find answers and eliminate confusion.

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