I agree with both agent's answers here about possession. Do not hand over your keys until your money hits your account and you have it in writing that it's really there.
Second, please tell me you had an attorney represent you in this transaction. What does your lawyer have to say about this situation? I've had dry closings before and they are a royal pain in the *%^#@!.
Boca Raton, FL
There can be many reasons why the funding hasn't come through yet. You should check with your agent and with the title company to see if they know what is causing the delay and what they are doing to speed up the process so that title passes and you can receive your check.
JOAN LORBERBAUM MOORE
Broker Associate, GRI
9858 Clint Moore Road
Boca Raton, FL 33496
Payment could based on "closing of the day" if at the end of business day then funding make take till next business day.
Why all of my closing are 1st thing in morning ANY snags can be resolved prior end of closing
I've done a few dry closings, but have never had to wait more that 24 HRS to get funding. Typically this is due to wiring funds. With NACA involved it could be a whole other issue. NACA does not do anything fast.
If it takes another day I would start making some calls to the closing attorney, buyers agent, and your agent to get things moving and get some straight answers.
I agree with others - do not surrender possession until you have your check no matter what anyone assures you about the situation. You have already signed the deed and that's not a good thing from a legal perspective but at least you can hold the property hostage until you are paid.
Good luck with it - you need to be pro-active on your own behalf. If it does not fund tomorrow by mid morning, I would contact an attorney to represent you immediately and that would NOT be the closing attorney - they represent the lender in Georgia.
If I represent the Seller and an offer is received with a buyer going through NACA I sometimes alert the seller regarding the delays that are to be expected before accepting the offer. It is a very good program for the buyer and they save a lot of money but it is a very time consuming program.
My advice is to have your Realtor keep calling and calling. Sometimes it is best to go there personally. They are usually short handed. Good luck to you!