J. Graham Realty, LLC

Licensed Real Estate Agency In NJ & Florida

The morning of the closing, the buyer will do a second and final walk through of the property to make sure that all of the seller's belongings have been removed from the premises. Once your walk through is completed, you can sit at the closing table with less worry, knowing that your house is ready and waiting for you. The actual closing is a formal process where all parties sign the necessary paperwork needed to complete the transaction. Title to the property is transferred from the seller to the buyer. The buyer receives the house keys and seller receives payment for the house! If the seller is due a credit, the title representative subtract funds to pay off the existing mortgage and other transaction costs. Deeds, loan papers, and other documents are prepared, signed and ultimately filed with local property record office. You are now the owner of a new house!

4 Perry Street
Morristown, NJ 07960
(o) 973.540.1232
(f) 973.540.0008


If successful with the inspection and loan commitment period, one of the attorneys schedules the closing date.

The closing can occur in either the offices of the buyer’s attorney or seller's attorney.


  • Attorney Fees – Est. $1,250 - $3,000
  • Title Insurance – Est. $2,500 - $3,500 
  • Survey – Est. $600 - $750 (Based on less the one acre of land and no corner makers)
  • Government Recording Fees – Est. $300 - $500
  • Loan Fees – lender will provide detailed list of closing fees.

​*Please note that these are just estimates and the costs can vary due to the many issues that may arise in the buying process . Also some of the above charges are based on the selling price of the house. The premium for title insurance, the charge for title searches, and the title companies’ settlement fee are regulated by the New Jersey Department of Insurance.  


Selling agent and/or seller to provides to the buyer's agent a list of property services along with vendor name and numbers so that the buyer can notify the vendors of the changeover in services and set up the utility in their name on the day of the close. To prevent surprises after the fact, the buyer’s agent will set up a walk through of the property around 4 days before the actual closing to examine the property to make sure all repair items have been completed and to make sure there is not any new damage or substantial changes since the inspection contingency period.