Sign Up or Log in
Homepage
Buy
Sell
Flat Fee MLS
Title
How it Works
Contact

Real Estate Glossary

What is closing?

This is the final step in the process of buying or selling a property, during which the ownership of the property is transferred and all of the final details of the sale are completed. During the closing, the buyer and seller (or their representatives) will typically sign the necessary documents and exchange any funds that are required to complete the transaction.