Closings
Choose from Four Convenient Closing Locations
Also called settlement, closing is the time when all the applicable paperwork—deeds, loan documents, affidavits, etc.—are signed to complete the transaction.
HOW IS CLOSING SCHEDULED?
As soon as the title work is ordered, closing may be scheduled at any time by anyone involved in the transaction—attorneys, buyers, sellers, agents, or lenders. However, agents and attorneys most often schedule sale closings and lenders refinance closings, and they coordinate the day and time with all parties.
Closings must be scheduled with the closing agent in the specific Hometown Title, Inc., office at which you want close. Including a preferred closing date in a real estate contract or policy order will not automatically hold that date, as every closing request must be submitted separately. That way, we can ensure availability on the exact time and date preferred by all involved parties.
WHAT HAPPENS AFTER A CLOSING IS SCHEDULED?
A standard sale can take 30 days or more to progress from a signed contract to closing. During that time, your Hometown Title, Inc., closing agent will work with you, your agent, your lender, and anyone else involved to prepare and finalize your settlement statement.
The interim period also enables us to work with the involved parties to resolve title issues that were identified on your title commitment, if any. These issues could include outstanding liens, a break in the chain of ownership, and any other requirement or exception the title company disclosed on the title commitment.
DO YOU HAVE CLOSING OPTIONS?
We have four closing locations to choose from, so you can pick the office that’s most convenient for you. Plus, we offer mail-aways and pre-signings as needed to accommodate today’s busy schedules. Please note that buyers/borrowers must obtain lender approval to sign prior to the official closing date, as many do not allow loan documents to be pre-signed.
WHAT SHOULD I EXPECT AT CLOSING?
When you arrive at your closing, you will be asked to present a current photo identification and any funds you are required to bring. At that time, you will also be asked for any additional items our office requested that you bring, which could include a copy of an applicable trust, a second form of identification (if required by your lender), or proof of insurance. The closing agent will walk you and the other party, if any, through the Settlement Statement, Closing Disclosure, or HUD-1, which will include all your transaction fees, prorations, and details of any loan.
A closing may also include the following:
- Deed and applicable transfer declarations
- Title company forms
- Mortgage loan documents
Once everything is signed and approved for funding by the lender (if required), your closing agent will give you a copy of all your documents, distribute checks as necessary, and make sure keys are exchanged. But our service won’t end there. We will still be here to assist you with any questions or concerns after closing, whether days, weeks, or years later.