Escrow Has My Money. Why Don't I Have the Keys Yet?

Signing, Funding, Recording, Closing, Possession

Signing

Buyer and seller execute required documents.

Funding

Lender provides required loan funds on a financed purchase after its conditions are satisfied.

Recording

The appropriate deed and other recordable documents are submitted and accepted for recording.

Clark County maintains recorded land and financing documents for Las Vegas, Henderson, North Las Vegas and the rest of Clark County.

Possession

Your purchase agreement determines when the buyer is entitled to possession.

That might align with closing/recording, or the parties may have negotiated something different.

Do Not Enter Early

Buyer:

"My money is there, so technically it's my house."

No.

Wait for confirmation that the transaction has reached the contractual point for possession.

Seller Proceeds

Similarly, seller should not assume:

"Buyer wired, so my money should be in my account right now."

The closing still has to be completed properly.

How Lisa Helps

Lisa tells buyers when they can actually celebrate and take possession rather than making them decode five different closing-status messages.