Time to Start Moving In!
Some celebrate with champagne and some are just thankful to finish the deal! Either way, you’ll want to do a few housekeeping things at this point in the process.
Final Walk-Through Inspection
The final walk-through is the last time you will inspect the house before purchasing. At this point, the contingencies in the Purchase Agreement should be met and all of the seller’s belongings removed from the home. Usually, the final inspection takes place the day before or the day of closing.
Closing
When you are satisfied with the inspection, then, it is time to close. You, the seller, and the closing agent will sign the settlement agreement, which details the financial transactions enacted through the process to certify its accuracy. You will sign your loan documents and deposit the balance of your down payments and closing costs to escrow. If you are bringing funds to the transaction, then you can choose to either bring a certified bank check to the closing in the amount specified in the settlement statement, or you can have the funds electronically wired to the escrow account. Once everything has been completed, the deed will be recorded at the County Recorder’s office and you will officially take ownership of your property.
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Top Home Buying Tips from Our Memphis Real Estate Experts
Don’t Max Out Your Budget
Just because you’re approved for a higher amount doesn’t mean you should spend it. Reserve funds for:
- Closing costs
- Taxes and insurance
- Maintenance and repairs
- Renovation upgrades
Choose the Right Neighborhood
We know Memphis inside and out. Whether you're looking for top-rated schools, walkable communities, or high-yield rental areas, we’ll help you match your goals to the right location.
What Sets MidSouth Apart?
Unlike national brokerages or automated home-buying platforms, MidSouth Home Rentals partners with our sister company, Enterprise Realtors, and offers a full-service, localized experience:
- 20+ years in the Memphis property market
- Expertise managing and maintaining over 1,300+ homes
- In-house property management insights to help investors calculate true ROI
- Dedicated leasing and maintenance teams that understand the operational realities of Memphis real estate
- Personalized, relationship-driven service grounded in operational transparency and accountability
Calculate Your Mortgage
Use our Mortgage Calculator to estimate your monthly payments and plan your budget with clarity.
Start Your Buying Journey with Confidence
Whether you're relocating, buying your dream home, or growing your investment portfolio, MidSouth and Enterprise Realtors are your trusted real estate partner in Memphis. Let us help you buy smart, confidently, and with a team that understands the long-term value of your investment.
Areas We Serve
- Memphis
- Cordova
- Bartlett
- Arlington
- Lakeland
- Collerville
- Germantown
- Millington
- Jackson
- Olive Branch
- Southaven
- Covington
- Atoka
- Oakland
- Munford
- Brighton