It’s common practice for buyers to be given the keys to the home they bought when escrow closes.
In fact, it’s an accepted ritual that has been going on forever.
In most instances, the listing agent leaves the keys and the garage keypad code with the escrow officer, who then releases them to the buyer upon closing.
I have often wondered if this is a good idea.
Think about this for a moment!
How many neighbors and family members have an extra key for the home?
If it’s a new home, how many subcontractors have a key or know the garage keypad code?
I’m guessing that it’s very rare for the previous owner to have sole possession of all keys, extra garage door controllers, and the garage keypad code.
That’s why I recommend that buyers have all locks re-keyed by a locksmith and change the garage keypad code immediately after closing.