I'm selling my home. How long after closing can I expect to receive my proceeds check?
Closing occurs when all the requirements of the contract, the parties and the lender have been met, all the documents signed and delivered, and the transaction fully funded. Once these events have occurred the buyer’s settlement agent will update title and record the deed. Your proceeds should be available within 48 hours of that moment. Typically, buyer settlement agents record the next business morning following closing and seller proceeds are available later that afternoon, sometimes the next morning.

Posted By: Brian D. Lytle, Esq. on Sunday, February 06, 2011