This is the day that you get the keys! The closing is where both parties will meet either at the title company or the bank that will be closing the transaction. Generally, each side takes about 30 minutes to review the paperwork and get the appropriate signatures. Once finalized, funds are transferred to the appropriate parties and copies of the sale paperwork are given to both the buyer and seller. This also a good time to speak with the seller if there are any property questions that have not already been addressed.