Process & Transactions
The Real Estate Closing Process in New York
Attorney review, title search, final walkthrough, and everything that happens between accepted offer and key handoff in New York.
Common questions
What people ask about closing
Real questions from buyers, sellers, and homeowners in the Hudson Valley — answered clearly so you can move forward with confidence.
What happens at a real estate closing in New York?
At closing, both parties' attorneys review and execute documents, the buyer signs mortgage paperwork, funds are transferred, and the deed is recorded. In New York, closings typically happen at the seller's attorney's office or a title company.
What is a title search and why is it required?
A title search examines public records to confirm the seller has legal ownership and to identify any liens, encumbrances, or claims against the property. Title insurance protects you against defects that the search may have missed.
What can delay a closing?
Common delays include mortgage underwriting issues, low appraisals, title problems, unresolved inspection repairs, missing documents, and chain-of-title complications. Staying responsive to requests from your attorney and lender helps keep things on track.
What is the attorney review period in New York?
New York contracts typically include a three-business-day attorney review period after the contract is signed. During this time, either party's attorney can request modifications, negotiate terms, or cancel the contract without penalty.
When do I get the keys to my new home?
Keys are typically handed over at closing once all documents are signed, funds are transferred, and the deed is recorded. In some cases, the seller may negotiate a post-closing occupancy period, so confirm the key handoff date in your contract.
What is the final walkthrough?
The final walkthrough happens 24–48 hours before closing. It is your chance to verify the property is in the agreed-upon condition, negotiated repairs are complete, and all included fixtures and appliances are present. Bring your contract and inspection list.
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