What to Expect at Closing: Final Steps Before You Get the Keys to Your New Home in Lavon, TX

You’ve made it through showings, negotiations, inspections, and underwriting—and now, it’s almost time to close on your first home in Lavon, TX. But what exactly happens at closing, and what should you be prepared for?

This guide breaks down the final steps so you can arrive at the closing table confident and stress-free.

What Is “Closing” on a Home?

Closing is the official transfer of property ownership from the seller (or builder) to you. This is when:

• You sign all final loan and title documents

• You pay your down payment and closing costs

• The lender funds your mortgage

• You receive the keys to your new home

“Closing isn’t just about paperwork—it’s the moment you officially become a homeowner. But being prepared for the process makes all the difference,”— Nitin Gupta, Broker Associate, REALTOR®

When Does Closing Happen in Lavon?

Here’s a general timeline after your offer is accepted:

• New Construction Inventory Home: 30–45 days

• New Construction To-Be-Built: Usually 4–8 months from contract

• Resale Home: Typically 30–45 days

Your lender, title company, and agent will coordinate a specific date and time based on your contract.

What Happens in the Week Leading Up to Closing?

✔️ Final Loan Approval

Your mortgage goes through final underwriting. Any last-minute documents (like pay stubs or bank statements) may be requested.

✔️ Closing Disclosure (CD)

You'll receive a Closing Disclosure at least 3 business days before closing. It outlines:

• Your final loan terms

• Total closing costs

• Cash needed to close

✔️ Final Walkthrough

Usually done 24–48 hours before closing to confirm:

• Repairs are complete

• Appliances and systems are working

• The home is in expected condition

“Don’t skip the walkthrough. If something isn’t right, this is your chance to address it before signing,” says Gupta.

What to Bring to the Closing Appointment

Closings in Lavon typically take place at a title company office.

Here’s what you’ll need:

• A government-issued photo ID

• A cashier’s check or wire transfer receipt for closing funds

• Proof of homeowner’s insurance

• Your spouse or co-buyer, if applicable

Pro Tip: Verify wiring instructions directly with the title company to avoid fraud.

What You’ll Be Signing

At closing, you’ll sign:

• Final loan documents

• The deed of trust

• Title and escrow paperwork

• Disclosures required by state and federal law

Your real estate agent and title officer will walk you through each document before you sign.

What Happens After You Sign?

• The lender sends the funds to the title company

• The deed is recorded with the county

• You receive the keys once the transaction is fully funded—often same day

In some new construction cases, the builder may require confirmation of funding before releasing keys. Always clarify this with your agent in advance.

How Much Are Closing Costs in Lavon, TX?

Closing costs typically range from 2% to 5% of the home’s purchase price. These include:

• Lender fees

• Title insurance

• Escrow fees

• Property taxes and insurance prepaids

• Attorney or courier fees (if applicable)

“Many Lavon builders offer incentives to cover some or all of your closing costs—especially if you use their preferred lender,” says Gupta.

Key Stats on Closings in Lavon

• Average closing period for inventory homes: 35–40 days

• Closing delays most often caused by: missing documents, lender delays, or title issues

• Over 70% of Lavon closings in 2024 involved builder incentives covering at least part of buyer closing costs(Source: https://www.nitinguptadfw.com/lavon-homes-for-sale/)

Why Work with Nitin Gupta for Your Lavon Home Purchase?

Nitin Gupta provides expert guidance throughout every phase of the closing process—including:

• Pre-closing prep

• Final walkthrough support

• Reviewing the Closing Disclosure with you

• Coordinating with title and lender to ensure smooth funding

Certifications include:

• Accredited Buyer’s Representative (ABR®)

• Certified Negotiation Expert (CNE®)

• Certified Luxury Home Marketing Specialist (CLHMS™)

Learn more:https://www.nitinguptadfw.com/about/

Ready to Close on Your First Home in Lavon?

Let Nitin Gupta guide you through every detail so you can move in with confidence—and no surprises.

Schedule your first-time buyer consultation now:https://www.nitinguptadfw.com/contact/

Call us at 469-269-6541 for more information about Lavon real estate!

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About us: Lavon New Construction Expert Real Estate Agent

As a Top Real Estate Professional in Lavon, I understand the challenges that arise when buying a new construction home. There are over 100 builders in the DFW area. I work with most of the new home builders in Lavon and understand how various builders operate. I am familiar with the options they offer, current incentives and I frequently visit the upcoming communities they are building. I guide my clients through all steps of the new home construction process and aggressively protect their interests in the transaction.

As a holder of top real estate industry certifications and designations like CRS, ABR & GRI, I can offer my clients experience as a Buyer's Agent and REALTOR®, top Industry Customer Service, in-depth, up-to-the-minute and comprehensive market knowledge; honesty, integrity, dedication, and professionalism in my business.

Whether you are a first time buyer in Lavon looking to buy a home in Lavon or whether you are relocating to Lavon from California or moving your entire family from areas like San Francisco, Fremont, Palo Alto, Los Angeles, San Diego in California due to job transfer with your company, I can help you find a new construction home in Lavon. Our relocation team eases the transition - whether you are moving across town or across the globe. We will work with you to find an area that best suits your professional, family and lifestyle needs. We have all the tools you need to help your home search. Whether it is video previews of homes, extended work hours, digital signatures for documents or more, we can make this process as comfortable as possible no matter where you are located.

What is most important to you in your new construction home in Lavon? Send us an email at info@NitinGuptaDFW.com or give us a call at (469) 269-6541 to schedule a no obligation consultation. We’ll give you honest advice about Lavon community that you can use to help make your home buying decision.