Purchasing your home is a great investment. The closing is one of the most important parts of the process. This is when you legally commit to your mortgage loan.
Once you’ve decided to move forward with the purchase of your new home and your funding options are in place, your real estate agent and lender will work with a Partners Title closing executive. Your closer(s) will work with all parties to gather all the legal documents, close the loan, issue title insurance policies, and handle all the money associated with your purchase.
For a one-time fee that is due at closing, an owner’s policy protects your rights for as long as you and your heirs own the property. Your owner's policy can protect you from things like:
Unpaid Property Taxes
Child Support Liens
Missing heirs who might claim the property belongs to them
Missed easements that could limit your use of your property
peace of mind
The process is made simple with only two types of insurance policies: Owner’s and Lender's.
Your lender doesn't live in your home; you do.You should have a policy to protect your investment as well. If a problem does arise; an Owners Policy can protect you.
Your lender will require a title insurance policy to protect their investment, this is the Lenders Policy. This protects the lender’s interests in the property if a problem were to arise.
What To Bring
Government issued picture identification and another form of ID (drivers license, passport, work ID, health insurance card, etc.)
Social security number.
Your spouse’s presence may be required even though he or she may not have been a party to a loan qualification. Confirm his or her attendance with your loan officer.
Partners Title does NOT require buyer funds to be wired.
Personal checkbook for any last minute changes - personal checks up to $500.00 will be accepted.
Cashier’s checks MUST be made out to Partners Title, LLC.
Government issued picture identification.
Social security number.
If married, both spouses are required to be at closing.
Keys and/or garage door transmitter(s), if any.
Reminder to contact city for final water reading, if applicable.
We recognize that communication is key to providing a transparent and successful closing experience! Our CloseSimple process focuses on communicating and guiding you through each milestone of the transaction. Here’s a quick look at the timeline of milestones you can expect via e-mail and/or text message:
What is TRID?
The Consumer Financial Protection Bureau put new rules and regulations in place to make it easier for home buyers to understand the terms of mortgage loans, comparing lenders, and more.
Below is a short video explaining these changes and how they impact your purchase.
Avoid Wire Fraud
This short video covers what consumers can do to protect their money from wire fraud.