Settlement Process

What Happens and When?

  1. Once the title order is placed with any of our associated title companies, a title abstract is ordered as well as a location survey where required.
  2. The title company coordinates between the borrower/purchaser, the lender and realtor or builders involved in the transaction.
  3. The Title Company obtains mortgage payoff amounts as well as all pertinent tax, water and homeowners association figures.
  4. We prepare the title insurance commitment, the deed, settlement sheet and in many cases loan documents.
  5. We conduct the closing, collect and disburse all funds to the appropriate parties, record all necessary documents including deeds, mortgages and mortgage releases in the appropriate jurisdictions.
  6. Once all documents have been recorded in the county, a final title policy is issued.