That's not a black and white question. It depends on the bank, the terms of the purchase and sale, the funds to close, etc. An all cash buyer may close in two weeks! After pending, the escrow is set up, and the escrow officer orders payoffs for utilities, taxes, orders documents, prepares the closing statement (HUD) and faciltates the closing. As the buyer you will be gathering all the necessary documents for your lender, if you are financing the purchase with a mortgage- your mortgage officer will instruct you thru that process. You get the keys after the closing, which in WA means when the county has recorded the deed and deed of trust.