What Happens at a Real Estate Closing in Idaho Falls?

Closings in Idaho Falls

Real estate closings in Idaho Falls are coordinated by one of five title companies operating in Bonneville County. No attorney is required — Idaho’s title companies handle the full process from contract to deed recording.

Before Closing

Closing Disclosure: Federal law requires buyers to receive this at least three business days before closing.

Final walk-through: 24–48 hours before closing to verify property condition.

Closing funds: Arrange wire transfer or cashier’s check. Verify wire instructions by phone — never rely on email alone.

At the Closing Table

The escrow officer guides both parties through documents. Buyers sign the promissory note, deed of trust, closing disclosure, and lender disclosures. Sellers sign the warranty deed, settlement statement, and required affidavits. Allow 45 to 90 minutes.

After Signing

The title company submits the loan package for lender funding, then disburses all payments: seller’s mortgage payoff, seller proceeds, and third-party fees. The deed is recorded with the Bonneville County Recorder ($15 per Idaho Code § 31-3205) and the mortgage for $45. Recording typically happens same day or next business day.

Closing Costs at the Table

All five Bonneville County companies charge $3.00/thousand per Idaho DOI 2025 Filed Rates. Owner’s policy (seller pays) and lender’s policy (buyer pays) are issued at closing with a $100 simultaneous issue discount. No transfer tax in Idaho.

Tips

Bring valid photo ID. Don’t make financial changes during escrow. Review the Closing Disclosure before the appointment. Have homeowner’s insurance bound before closing.