Closing escrow is an exciting milestone, but the final days before closing are also some of the most important. Understanding what happens toward the end of escrow can help prevent delays, stress, or last-minute surprises.
Here’s exactly what buyers should expect in the days leading up to closing.
Signing Loan Documents Before Closing
When Do You Sign Loan Docs?
Typically, loan documents are signed a few days before closing escrow. These documents are signed with a licensed notary public, not at the escrow office.
Do You Need to Be Present?
Yes — you need to be available and reachable during this time.
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If you are in town, the notary will come to you.
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If you are out of town, a mobile notary can be sent to your location.
Important Note for Out-of-Town Buyers
When signing outside the area, original documents must be mailed back, which can add extra days to the closing timeline. Planning ahead is critical if travel is involved.
Wiring Your Final Closing Funds
When Are Funds Due?
Along with signing loan documents, buyers must wire their final funds shortly before closing.
Why Funds Must Be Liquid
Your funds should already be:
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Liquidated
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In the correct account
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Ready to wire
Delays in moving money or waiting on investments to clear can delay closing.
Avoid Large Purchases Before Closing
Why Lenders Monitor Spending
One of the most common issues before closing is buyers making large purchases. Even after loan approval, lenders perform final checks.
Examples of purchases to avoid:
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Buying a car
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Purchasing furniture
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Large credit card charges
Even something as simple as buying an expensive couch can be flagged and require additional lender review.
Best Practice
Do not change jobs, open new credit accounts, or make major purchases until after escrow has officially closed.
Best Tips for a Smooth Closing Escrow
Simple Rules to Follow
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Be available during the final days of escrow
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Keep finances steady
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Have funds ready and liquid
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Ask your agent before making any financial changes
Following these steps helps ensure a smooth and on-time closing.
Final Thoughts on Closing Escrow
The last few days of escrow are all about preparation and patience. Staying organized and avoiding financial changes can make the difference between a smooth closing and unnecessary delays.
When in doubt, always ask before acting — that’s what your real estate professional is there for.