Moving In

Closing Day: Final Steps to Secure Your Investment

If you’ve made it this far—congratulations, you’re just steps away from acquiring a new income-generating asset. But before celebrating, there are a few critical items to finalize.

Final Property Review (Optional Walk-Through)

For commercial and investment properties, a final on-site visit may be scheduled before closing—particularly for value-add or tenant-occupied assets. This isn’t always necessary but can help:

• Confirm that the physical condition hasn’t changed since due diligence

• Verify that agreed-upon repairs or improvements were completed

• Ensure possession terms (e.g., vacancies, leases, equipment) are being honored

• Confirm that no unauthorized tenants or debris remain on-site

For multi-residential or mobile home parks, this can also include a quick review of common areas, signage, utilities, or infrastructure that may impact early operations.

Utilities & Operational Handover

Commercial property transfers don’t include a “move-in,” but it’s still essential to:

• Coordinate utility transfers (water, power, waste, etc.) to your name or entity

• Establish property management accounts if not already in place

• Transfer service contracts (landscaping, maintenance, security, etc.)

• Obtain rent rolls, security deposits, and tenant records

We’ll provide a transition checklist and connect you with trusted vendors as needed to ensure a smooth operational handover.

Be Prepared for the Unexpected

Even with the most carefully planned transactions, minor issues can arise at the last minute—uncleared liens, documentation delays, or small discrepancies in final numbers. If anything does come up, rest assured—we’ve seen it before and know how to resolve issues quickly and professionally to keep the closing on track.

Settlement & Funding

At closing, the settlement statement (also called a Closing Disclosure or ALTA statement) will itemize all financial components of the transaction, including:

• Purchase price

• Prorated rents, taxes, insurance, and utility expenses

• Loan disbursements (if applicable)

• Closing costs, legal fees, and commissions

You’ll review and sign this statement, along with:

• Entity documentation, if purchasing under an LLC or trust

• Lender documents (if financing)

• Title and ownership transfer paperwork

If you’re unable to attend in person, we can arrange for remote signing and closing coordination, depending on the jurisdiction and timeline.

Funding & Transfer

If you’re bringing funds to the table, they will typically need to be wired to the closing agent at least 24 hours in advance (no personal checks). Upon receipt of all signatures and funds:

• The title will be transferred

• The deed recorded

• Keys, access codes, and operational documents (leases, warranties, etc.) will be delivered to you or your property manager

Once recorded, ownership is official, and your asset is ready to begin performing.

Congratulations—You’re Now in Control of a Performing Investment Asset

Whether this property is part of a retirement plan, a portfolio expansion, or your first step into commercial investing, closing day marks the beginning of a new opportunity.

Our work doesn’t end here—I’m always available to help you with post-close strategy, asset repositioning, or planning your next acquisition.