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Home Buying: Step 10 - Loan Funds / Get Keys

Date: Aug. 2, 2007
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After you and the seller sign the documents at title they are delivered to and approved by the lending institution, and then sent back to the city for recording. This usually takes a few days and is anxiously tracked by everyone.

At times this part of the process can tend to be Kafkaesque, which is again why having Ye can be so critical. Essentially the documents go to one large fortune 500 company and then to the government. Never a recipe for quick action!

There has been a number of times where a buyer will need to close on a particular day, but the documents are sitting on a desk in New York and if they did not get approved, signed and mailed by 5pm, the closing would be delayed. Being a top producer and having such a strong relationship with all her lenders, she is able to track down people and get what needs to be done, done.

When the documents get to the city and are recorded, you are then the new owner! On the day that we expect to "go on record" I will get the keys and any other items (garage door opener, other keys, etc) and arrange to meet you in order to give them to you.

Congratulations. You are now the new owner. But our service does not stop here. For anything that you need relating to your new place, you can always call us for referrals. Insurance, contractors, cleaners, etc. Advice on improvements or for a phone number for bulky item pick-ups. You are our client for life, and we will always be here for you.

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