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Transfer of Possession

A transaction is considered "closed" once the deeds have been recorded. Then you own the Tumwater-area home. However, it is not always possible for you to occupy it immediately. This can happen for several reasons, but the most common is that the seller may be purchasing a Thurston County Washington home, too. Usually, it is scheduled to close simultaneously with your purchase of their home.

It is sort of like being at a red light when it turns green. Although all the cars see the light change at the same time, the guy at the back of the line doesn't begin moving until all the cars ahead of him have started.
As a result, it is sometimes necessary to allow the Tumwater home seller a few days in which to turn over actual possession and keys to the home. When transfer of possession actually occurs should be clearly laid out in your offer to prevent confusion later.

Calculators!

If  you have a brokerage relationship with another agency, this is not intended as a solicitation. All information deemed reliable but not guaranteed.