What is typically arranged by the buyer for the day of closing or immediately before?

The final inspection is a crucial step in the home-buying process and is typically arranged by the buyer for the day of closing or immediately before. This inspection allows the buyer to ensure that the property is in the same condition as when they agreed to purchase it and that any negotiated repairs have been completed. It serves as a last check to confirm there are no unexpected issues that could affect their decision to close on the property.

While financing approval, document signing, and property appraisal are all essential components of the real estate transaction process, they usually occur at different times. Financing approval should be finalized well before closing to ensure that the buyer has the necessary funds secured. Document signing typically takes place during the closing meeting itself, but it does not involve arrangements in the same way as the final inspection. A property appraisal is typically conducted earlier in the transaction process to determine the property's value and is not something the buyer arranges on the closing day.