What to Know About Closing Day in Windsor
- Lisa Cipparone
- May 23
- 2 min read

Closing day is one of the most exciting moments in the home-buying process. It’s when the keys to your new home are officially handed over, but it can also be a bit overwhelming if you’re not prepared. To help you navigate the final steps smoothly, here’s what you need to know about closing day in Windsor.
1. What is Closing Day?
Closing day is the final step in the home-buying process when ownership of the property is officially transferred from the seller to the buyer.
When it Happens: Closing day typically occurs 30 to 60 days after your offer is accepted.
Key Activities: You’ll sign the necessary paperwork, pay your closing costs, and receive the keys to your new home.
It’s the culmination of all your hard work, and we’ll ensure everything is in order for a smooth transaction.
2. Finalizing Your Mortgage
Before closing day, your mortgage lender will finalize the details of your loan.
Review the Terms: Make sure all the terms and conditions of your mortgage are correct before signing.
Paying the Down Payment: You’ll need to bring your down payment to closing, either in certified funds or via wire transfer.
I’ll be there to guide you through the mortgage finalization and ensure all details are correct.
3. Closing Costs and Fees
There are several fees involved with closing, including:
Land Transfer Tax: This is a significant fee in Ontario and is based on the purchase price of the home.
Legal Fees: You’ll need a lawyer to review and finalize the legal documents.
Other Fees: Other potential costs include title insurance, inspection fees, and adjustments for property taxes.
I’ll help you prepare for all costs involved so there are no surprises on closing day.
4. The Final Walkthrough
Before closing, you’ll do a final walkthrough of the property.
What to Look For: Check to make sure all agreed-upon repairs have been made and that the property is in the condition expected.
No New Issues: Ensure no new issues have arisen since your last visit, such as damage or missing appliances.
I’ll help you conduct a thorough final walkthrough to ensure everything is as it should be.
5. Signing the Documents
On closing day, you’ll review and sign a variety of documents.
The Agreement: This includes the deed, the mortgage agreement, and various legal documents.
Key Transfer: Once signed, you’ll officially take ownership of the home, and the seller will receive payment.
6. Receiving the Keys
Once everything is signed, the home is officially yours.
Time to Celebrate: You’ll receive the keys to your new home and can officially move in!
Post-Closing: I’ll stay in touch to ensure a smooth transition and assist with any post-closing concerns.
Closing day marks the end of your home-buying journey and the beginning of a new chapter. With my expertise, we’ll ensure everything goes smoothly, so you can enjoy your new home with peace of mind.