Stupid Question. I am a first time homebuyer. We were approved?

Question

through countrywide and we found a house and signed the contract with the sellers on June 4th. Our closing is scheduled for July 25th. My question is will we get the keys to the house then or do we have to wait another 30 days..I live in Ohio. Thanks

Answer 1

you get the keys the day of closing or the next day

Answer 2

Your contract should indicate when you can take possession of the house, typically it is the day of closing or the day after.  Sometimes a seller needs extra time to move, but then you should be compensated a daily rate for every day they remain in possession.  

You won't have to wait 30 days.

UNLESS, there is a tenant in the house that has tenant rights.

Answer 3

thats not a stupid question becca, I was confused about the same thing when I bought my first house. Usually you get your keys when the contracts have been exchanged. Unless stated otherwise in any paperwork?

Answer 4

Unless stated otherwise, you will get the keys to the house when you close.

The previous owners should also clean the house and give it to you in a liveable condition

Answer 5

dont kn ow much about this but my buddy buys houses all the time and everytime he says he is closing on the house he has the keys the next day but usually the people are already out

Answer 6

You'll need to read your purchase contract for this information.  Typically, you have the right to possession as soon as the papers are signed at the closing (they should give you the keys at this point).  If the seller is currently living in the property, they may have added something to the purchase contract giving them time to move out after closing.  The amount of time would be spelled out in the purchase contract and they'd likely be required to pay some sort of rent for this time (since you would already own the property). If this is not the case, feel free to pack your bags and drive straight from the closing to your new home. Congrats!