Settlement is the most exciting time of the whole home selling process!
Typically the settlement date is determined by the loan type the buyer has. Different loans require different amounts of time in order to be done. Once the buyer and seller have come to a mutual agreement of settlement date, either party may need more time.
In most cases the settlement location will occur at the title company chosen by the buyers.
During settlement the title officer will go over the closing disclosure with both parties and all necessary funds will be collected from both parties. All required documents will be signed and keys will be handed over!