Closing Document Preparation

In order to close a real estate transaction, several things must happen once the seller has accepted the buyer’s offer. The property title must be researched to ensure that there are no other parties having claims against the property. The seller’s mortgage lender, homeowner’s association and any other parties which the seller would be liable to, must be informed of the pending sale. Property boundaries should be surveyed if the Buyer is financing. All financial information is then reported on a HUD-1 Settlement Statement to all parties involved in the real estate transaction. Only when that Settlement Statement is finalized can the transaction be closed. We strive to make the closing process as convenient as possible for all involved. We will then make certain that all appropriate closing documents are filed and recorded, and that the final title insurance policies are issued to all parties.