Closings Made Simple

A title company plays fundamental role in closing your real estate transaction. To simplify the complex closing process, we at Producers Title want to ensure that you have an understanding of what we do, who is involved, and what to expect on closing day.

What Does a Title Company Do?

When a contract is signed, agreeing on a price is just the first step. From that point forward, a title company steps in and is responsible for coordinating the interest of all parties to a real estate transaction, issuing title insurance, and recording the necessary legal documents to finalize the purchase or sale of a property.

Who Do We Work With

Offer Accepted

After a contract is signed between a buyer and seller, Producers Title will assign a title specialist to your order to guide you through the process and to answer any questions you have along the way. 

Title Search

The title company conducts a title search to identify ownership history and any title issues such as liens, utility easements, etc.  

Title Commitment

The buyer receives a report, called a title commitment, which outlines what the insurance covers as well as any exceptions. Producers Title will be available to answer any questions you have about your title commitment.

Clear Title?

If any issues appear on the title commitment, we at Producers Title will work to resolve those issues to provide “Clear Title”.  Most often we will take care of any issues without you even knowing about it. 

Prepare to Close

Producers Title will start compiling all of the necessary closing documents and schedule a closing appointment at a time and location that’s convenient for you. 

Closing Day

At your closing appointment, a closing specialist will answer any questions you may have and will assist you in reviewing and signing all of the paperwork.

Click below to see whom we interact with

Real Estate Agents

A title company works closely with Real Estate agents throughout the process. If any issues appear on the title search, the title company works with the Real Estate agents to resolve those issues. In addition to collaborating with the title company, the buyer’s and seller’s Real Estate agents coordinate property inspections, appraisals and the negotiations of any final purchase price adjustments, as needed. 

Real Estate Agents

Lenders

The lender will provide the financing for the property and will work closely with your title company to be certain that all the conditions required to fund your loan take place prior to closing. The lender will also deliver the Closing Disclosure (CD), which the title company assists the lender in preparing.

Lenders

Surveying Companies

A title company works closely with Real Estate agents throughout the process. If any issues appear on the title search, the title company works with the Real Estate agents to resolve those issues. In addition to collaborating with the title company, the buyer’s and seller’s Real Estate agents coordinate property inspections, appraisals and the negotiations of any final purchase price adjustments, as needed.

Surveying Companies

Homeowners Associations (HOA)

If the property you are purchasing is located within a community, a title company reaches out to the homeowners' association, or its property management company, to find out if the current owners have any outstanding HOA dues, as well as which HOA fees are required for closing.

Homeowners Associations (HOA)

County Records Office

When a title search is conducted, the title company checks the county records to identify the ownership history. The county records track ownership, use, and assessments for a specific real estate property. Upon closing, the title company records a deed, which officially transfers the ownership of the property to the new home buyer.

County Records Office

What You Can Expect On Closing Day

Closing! The magic day has finally arrived, so now what? While closing day (or settlement day) may seem mysterious and confusing, Producers Title takes a proactive approach to educate you on the process and what to expect beforehand, so that your big day can be stress free.

Before you arrive, your closing specialist will have all your documents ready for your review and signature. With numerous documents requiring signature, we will be there to guide you and to answer any remaining questions you may have.

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Arrive: Your appointment usually takes about an hour or less. Your signing agent will walk you through what will happen at the closing. The seller, seller’s real estate agent, and your real estate agent might also be present.

Sign: Your signing agent will present you the final paperwork to sign. While you should look at the paperwork prior to the closing, please know that there is always plenty of time for us to answer any questions during the closing.

Final Review: Your closing specialist will complete a final review of your paperwork and send copies of the signed loan documents to the lender for approval if necessary.

Celebrate:  After the paperwork is complete and approved, it is time to celebrate! You deserve it!