So what happens after
you close escrow?

Closing is the finish line for the transaction — but it's the starting line for everything that comes next. Here's a clear, step-by-step guide for Orange County buyers and sellers moving into the next chapter.

The First 30 Days

Once escrow closes, the deed records, funds move, and keys change hands. For most homeowners the next few weeks move quickly — utilities, insurance, taxes, and paperwork all need attention. Whether you're settling into a new home or closing the book on a sale, here's exactly what to handle and when.

Take Possession

Day of Closing

Keys are handed over once the deed records and funds have disbursed.

Confirm the recorded deed and final settlement statement with your escrow officer
Coordinate key handoff with your agent — typically the same day escrow closes
For sellers: leave any garage door openers, remotes, and alarm codes on the counter
For buyers: change the locks and re-code any smart locks on day one

Save Your Closing Documents

Within 1 Week

Your closing packet is the proof of ownership and the basis for your tax records.

Keep the final HUD-1 / Closing Disclosure, grant deed, and title policy in a safe place
Store a digital backup of every signed page in cloud storage
Forward your closing statement to your CPA for tax basis tracking
For sellers: save the net proceeds statement for capital gains calculations

Transfer Utilities & Services

First Few Days

Make sure water, power, gas, internet, and trash are in your name on day one.

Transfer or set up electric, gas, water, trash, and recycling accounts
Schedule internet and home security installation before move-in day
File a change-of-address with USPS and update your address on bank, DMV, and insurance
For sellers: cancel service on the day after closing to avoid overlap charges

Review Your Mortgage & Insurance

First 30 Days

Confirm your loan is set up correctly and your coverage is in force.

Verify your first mortgage payment due date and set up auto-pay
Confirm homeowner insurance and, if applicable, HOA and flood policies are active
Check that your property tax impounds are being collected correctly by your servicer
For sellers: pay off any remaining liens and confirm the satisfaction is recorded

Plan Your Property Tax Strategy

Before the First Bill

Orange County property taxes are due in two installments — get ahead of them.

Confirm your supplemental tax bill mailing address with the Orange County Assessor
Review whether filing a Proposition 13 / homeowner exemption applies to you
Set aside roughly 1.25% of your purchase price annually for property taxes
For sellers: confirm prorations on the closing statement match your actual tax schedule

Questions about the next step?

So what happens afteryou close escrow?