The Closing Process  

 

Whether you're purchasing, selling or refinancing your home, the day of closing should be a time of celebration. While you're busy packing, ordering phone service and scheduling movers, it's comforting to know that the experienced professionals at Accurate Title are working behind the scenes to make sure your closing runs smoothly. Your first look at the settlement process may be on the day of closing, but the process itself begins much earlier.

One of the first things the settlement agent does, upon receipt of an order is to request preliminary title work. Accurate Title searches and examines the title and prepares a title commitment.

While the title is being searched, the processing team is busy coordinating other matters, such as obtaining mortgage payoffs, tax information, realtor fee statements and working closely with all of the parties in the transaction. While each closing is as unique as the people attending it, the detailed, behind-the-scenes work leading up to the closing is familiar to the skilled professionals at Accurate Title.

As closing day approaches, we order any updated information which might be required. Once all the paperwork is in order, and we receive a final clear to close from the lender, we confirm the date, time and location of the closing with all the parties involved and a settlement statement can be prepared for your review.

The closing is where it all happens. Everything done behind-the-scenes leads up to this day. It's time to close the transaction and transfer ownership of the property from the seller to the buyer.

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