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Step nine in the home selling process includes two parts. First, the lender sends a closing disclosure to the buyer, which outlines all loan fees, rates, and terms. The buyer must acknowledge receipt of this document. Three business days later, the buyer can meet with a notary to sign the loan documents, which typically involve signing 50 to 100 pages detailing the agreements, notes, and deeds. The seller is kept informed as the buyer completes these milestones, particularly once the loan documents are signed.