Part of buying a home includes performing a title search and paying the closing costs. When you can work with a company that provides these type of services, your real estate transaction will be easier to facilitate.
Preparing for a Real Estate Closing
Companies that provide title and closing services make it much easier to identify any problems with the chain of title and help keep you on track with respect to what you need for closing your real estate transaction. If you want to make sure that a real estate purchase goes smoothly, you need this type of legal assistance.
Needless to say, when you work with a company that offers title and closing services, you can stay much more organized when you are going through a real estate transaction. In order to be well prepared, you need to make sure you have the following:
- Two forms of a government-issued ID
- Social security number
- Termite and/or septic inspection letters, if applicable
- Certified funds or cashier’s check
- Death certificate or will, if applicable
If the seller or buyer is currently married, his or her spouse needs to be present at the closing for the proper paperwork to be executed.
Besides the above requirements, professionals in title and closing services state that an earnest money check should be given to the closing agent or the amount should be subtracted from the agent’s commission if appropriate.
Who to Contact for Further Information
Naturally, it is important to maintain clear communications throughout the process. Also, funds cannot be disbursed until they are received in the necessary format and satisfy the lender’s requirements. Scheduling is an important element of the process too. That is why you need to communicate and confirm the date and place for the closing. You can learn more about the proper steps to take by contacting Prestige Title Insurance Agency at 517-264-6040 in Adrian, Michigan. You can connect with them on Facebook for more information!
