What Happens at the Closing?

At a traditional sit-down closing, the buyer and their representatives, and the seller and their representatives sit at a table. Documents are executed, and money’s exchanged. Once that happens, the transaction is officially closed.  With the advancements in technology, a traditional “sit-down” closing is now rare.  Now a days, the Buyer and Seller go to their respective representatives, execute the transaction documents, and then documents are exchanged via courier.