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Updated almost 9 years ago,
AZ Closing and no immediate possession is that right??
Ok so, I have bought houses in several states and years ago in AZ as well and I don't remember this happening. Normally when I have gone to closing we do a walk thru, go to the closing table and sign, wire money or deliver a check, and immediately get keys and take possession. We are purchasing a property in AZ and we are told we close and the loan funds a few days later and then we get keys, is that right??
I was planning to go out for close and find this out. It is a personal purchase and the title company is handling but I don't remember this before and it is very inconvenient. What are they waiting for? Would this be usual for AZ?