$ 99 with purchase of MLS Listing
iRealty has partnered with reputable and experienced attorneys to provide you the legal services need to complete the real estate sale of your property. iRealty has created a format to work with you from the beginning all the way through to the very end, taking part in all aspects of your transaction. And as always, with iRealty you will be saving money with the sale of your home without compromising quality.
The closing process is just as vital as any other during a
real estate transaction. When choosing the closing company, be sure to pick one
which will take care of all the work for you while keeping you informed
throughout the process. iRealty is dedicated to service all sellers of real estate by
providing efficient closing guidance and service to all real estate
transactions in a professional and timely manner.
We will help you at coordinating the transfer of property
from the moment an offer is accepted until the buyer receives the title in hand
and is done by taking care of all the paperwork, including the transfer of
funds through the escrow company of the client’s choice.
Closing services included but, not limited to:
• Attorney’s Fees
• Title search and clearance
· Issuing Title Insurance Policies
• Tax certification
• Municipal lien letters
• Ordering payoffs and payoff verification
• Document and deed preparation
• Coordinating, scheduling and notarizing a smooth seamless closing
• Attend Closing
What is Title Insurance?
Title insurance makes sure
that the title to a piece of real estate is legitimate and then issues title
insurance for that property. Title insurance protects the lender and/or owner
against lawsuits or claims against the property that result from disputes over
the title. During the title search the title company also looks for any outstanding mortgages, liens, judgments or
unpaid taxes associated with the property, as well as any restrictions,
easements, leases or other issues that might impact ownership. The title
company may also require a property survey, which determines the boundaries of
the plot of land that a home sits on, whether the home sits within those
boundaries, whether there are any encroachments on the property by neighbors
and any easements that may impact an ownership claim.
Once the title is found to be valid, the title company will likely issue a title
insurance policy, which protects lenders or owners against claims or legal fees that may arise from disputes over the ownership of the property.
There are two main types of title insurance: owner’s title insurance, which
protects the property owner from title issues, and lender’s title insurance, which protects the mortgage company. When there is a cash deal involved, the seller pays more which is half the closing fees of buyer and seller, which is based on the purchase price.