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Buying and selling real estate involves the transfer of large sums of money. It is very important that the transfer of funds and loan documents be handled in a neutral, secure and knowledgeable manner by an escrow agent or escrow holder. 

Using the escrow holder as a common depository - the buyer can provide funds to close, buyer and seller can provide signed loan documents, invoices to be paid at closing and lenders can specify their conditions for completing the loan process. An escrow officer follows a set instructions that are clear, mutually acceptable and consistent to complete the closing process. 

At closing, the buyer will sign the final loan documents provided by the lender and the buyer will wire funds required to complete the purchase. The seller will sign the seller's Settlement Statement, Certificate of title swearing you have the right to sell the property, the deed transferring title on the property and loan payoff to be paid at closing. Please consider shown holidays in determining your closing date. Here's more complete escrow and title guidelines for your review.