Real Estate Glossary

Closing

/glossary/closing
The final step in a real estate transaction where ownership transfers, money changes hands, and documents are signed. Typically takes 30-60 minutes at a title company. Cash sales close in 7-14 days; financed sales typically take 30-60 days.

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Reviewed by John Quigley · Founder, BuyHousesInCash · Last updated May 2026

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