FAQ
A: | Title Searches, Title Insurance, and Escrow Closing Services. |
A: | We will accommodate the client’s needs and schedule. We will hold closings anywhere, anytime, 24/7. |
A: | It all starts with making your wishes known. Tell your real estate agent and mortgage lender early in the process that you want to work with Liberty Coast Abstract. In fact, give us their phone number or e-mail, and we’ll follow up with them too! By contacting us at the BEGINNING of your real estate journey, we can help you and your agent be better prepared to eliminate those nasty last minute settlement surprises! |
A: | Some people say “closing,” others say “settlement”. The federal government even calls it a “consummation." It all means the same thing….that your real estate transaction is being finalized by your signatures and the exchange of any contracted consideration. Is it complicated? Well, yes it is.There are many areas that must be properly handled. In addition to proper signatures on deed and loan documents, there are taxes to be paid, liens to be researched and released, courthouse filings to be made, funds to be received and exchanged, surveys, insurance, POA dues to be pro-rated and paid, and so many other small details that must be properly handled lest the whole process gets derailed. Don’t worry, we’ve got you covered. We’ll handle the details! It’s what we do. |
A: | A closing can be for a cash purchase transaction or for a transaction with a loan. We do them all, cash, loan, and commercial closings. |
A: | Our title insurance products and closing/settlement services costs vary depending on the complexity of the transaction, the purchase price, and loan amount. Title insurance cost is based on the purchase/sale price and the loan amount, if applicable. Also, there are additional endorsements and coverage that are available in some circumstances that require additional premiums to be paid. Please look at our website or give us a call for an estimate. Our closing fee is a fee for preparation and coordination of the closing, conducting the closing, notarizing the signatures, recording the documents and providing you copies, as well as many other things that we do. |
WHAT TO EXPECT AT CLOSING
Married?
Brief Explanation
Review
Copies
Funding Required
WHAT TO BRING TO THE CLOSING
Photo ID
Always bring a government issued ID, such as your Driver’s License (please keep in mind that some lenders will require a second form of identification).
Closing Funds
If you are required to bring funds to the closing, you must deliver these funds in the form of a wire transfer, or cashier’s check at the closing table. Many clients prefer the ease of submitting funds via wire transfer.
Authorization
If your closing involves a Corporation, LLC, Trust, Estate, Power of Attorney, or other non-individual entity, you will be required to present the proper evidence of authority to act on behalf of the entity. The necessary documentation will be discussed with us prior to the closing in order to ensure that the closing goes smoothly.
Keys and Openers
Don’t forget the keys and openers for your buyers!
Order Title |