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Transfer of Possession and Keys

Possession transfers upon Funding in most cases.  That means when the wires are sent and checks are available for pickup.

Keys do not have to be transferred until then.

Sometimes a Seller will OK the title company to hand over keys as soon as the buyer finishes signing or when the lender gives funding approval.  If the funds for the sale are in the title company's escrow account, this can be reasonable.  It is safest for a seller to wait until funding.

The other option for transferring possession and keys would usually involve a temporary lease.
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John
Stapleton
512-219-Sold
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Owner
Founder
Focus Realty™

Texas Information About Brokerage Services and ​Texas Real Estate Commission Consumer Protection Notice
  • home
  • 22007 Nameless
  • Full Move
  • Help Us Buy a Home
  • Come Sell Our House
  • Reviews
  • New Clients Please Watch
  • 1600 Carriage Hills
  • 2901 Don Hill
  • 1804 Cerro Ct
  • 1616 Shady Creek
  • Austin Realty Blog
  • SOLD on Cerro Ct
  • This Month's Nature Photo
  • Buy before Selling
  • Another sale on Old Mill
  • SOLD on Glass Mountain
  • Sold in Neelys Canyon
  • Sold on Camino Real
  • SOLD on Clover Ridge
  • SOLD another on Old Mill
  • SOLD on Camino Real
  • Sold on Winecup
  • Steps in Selling a Home
  • Steps in Buying a Home
  • Another Sold on Old Mill
  • Sold in Spicewood / Balcones
  • Sold on Los Robles
  • Sold in Mason Ranch
  • Oak Knoll 2.6 Acres
  • Sold in Summerlyn
  • 12200 Montana Springs
  • Sold in Forest Oaks
  • Sold on Legend Hills
  • SOLD on Paint Brush Trail
  • SOLD on Cedarcliffe
    • Call Back Schedule
  • SOLD on Pomegranate Pass
  • SOLD Lime Creek Land
  • Recently Bought & Sold
  • Texas Real Estate Commission Information About Brokerage Services
  • Real Estate Marketing Photos
  • Travel Blog
  • Cabinet Painting
  • Milburn Park
  • Lakeline Metro Rail
  • Hill Country
  • Selling Process Overview
  • Contract Class
  • Big Bend Adventure
  • Lake Cedar Park
  • Search
  • Make Ready Consultation
  • Safety During Showings
  • Vendor Recommendations
  • Working By Referral
  • Mortgage Pre-Approval Process
  • Live MLS Search
  • Cancel Insurance
  • Make an Offer
  • Mulitple Offers
  • Counter Offers and Negotiation
  • Contract on a Home!
  • Negotiate Concessions
  • 80
  • Pending Without Option