The
real estate closing or settlement marks the conclusion of a real estate sale or
loan transaction. The closing brings together all parties to the transaction
whereby transfer of property is completed.
Clark
Title’s Escrow Closer will conduct the closing. The Escrow Closer has a
responsibility to both the buyer and seller to conduct the closing in accordance
with the terms of the purchase/sale agreement. The closing agent will collect and disburse funds,
provide documents for execution and record all
necessary instruments with local, county and state recording offices, as
applicable. The Title Company will issue the owners and mortgagee title policies that
protect interests in the property.
Clark
Title is dedicated to “Taking the Stress
Out of A Closing” so the experience of the purchase or sale of property is
a joyful experience conducted in a convenient and professional manner. Clark
Title’s closing officers are skilled and qualified professionals.
Our
Escrow Closing Services consists of, but not limited to, the following:
-
CONTACT
Realtors and lenders to obtain their necessary documentation regarding preparation, closing figures, meter readings, repairs, if any, on
property.
-
CITY
CERTIFICATE
Closing agent will order the city certificate and transfer account from
seller to buyer.
-
WARRANTY
DEED
Closing agent will order and pick up from seller’s specified attorney.
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INTERNAL
REVENUE REPORTING
1099-S
-
SETTLEMENT
STATEMENT
Closing agent will obtain all the necessary figures and prepare settlement
statement, including but not limited to proration of real estate taxes,
mortgage pay-off figures, proration of rents and special assessments, if
applicable, document preparation fees, title insurance fees, etc.
-
PRELIMINARY
SETTLEMENT STATEMENT
Closing Agent will deliver to Realtors and Lender
for final approval.
-
CLOSING
Closing agent will conduct the closing with the buyers and sellers.
-
FUNDS
Closing agent will handle, guarantee and disburse all monies including
wiring funds for mortgage payoffs.
-
RECORD
CHECK
Closing agent will check the records up to the time of closing
and recording documents to be sure of good and marketable title.
-
RECORDING
OF DOCUMENTS
Closing agent will handle recording of all documents.