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The Six Basic Steps of Closing 

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The Six Basic Steps of Closing
Why Title Insurance?
  1. Opening the Title Order
    1. It is essential to provide your title company/closer with the following information.

                                                              i.      Seller’s name (s)

                                                            ii.      Seller’s social security number(s)

                                                          iii.      Seller’s forwarding address

                                                         iv.      Buyers name(s)

                                                           v.      Address or legal description of property being sold

                                                         vi.      Sales price

                                                       vii.      Is there a lender involved?  If so, who?

                                                     viii.      If you are a realtor placing the order, is there a co-op realtor involved?

                                                         ix.      COPY OF THE CONTRACT

 

  1. Processing the File
  2. Title Search
  3. Title Examination
  4. Document Preparation
    1. It is essential to provide your title company/closer with the following information for deed preparation.

                                                              i.      The correct spelling of all parties’ names.

                                                            ii.      Mailing addresses and

                                                          iii.      Marital status

 

  1. Settlement/Closing the Transaction

The associates at Macon Co. Title & Escrow Services are trained to handle your transactions from beginning of the order to end…Research and examination of title, delivery of the title commitment, process the closing, disbursement of funds, and delivery of the final policy.  

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