Whether you are looking for a closing agent that can handle a refinance, residential resale, or residential new construction, at Town Square Title, we are able to help. We take pride in our ability to offer unparalleled service to our clients. Your satisfaction is our reward.
Some of our services include the following:
- Curing defects on title.
- Verifying chain of title and legal description are consistent with record title.
- Settlement services include, but not limited to, obtaining information regarding your property such as homeowners association dues and ordering survey.
- Corresponding with your lender regarding the Closing Disclosure and lender’s closing package, conducting closing, funding of loans, and recording of various legal documents.
- Electronic storage of executed documents with available access 24/7.
We have provided below the various types of closings and a brief description of each.
Refinance
A refinance is when you take out a new mortgage which pays off your existing mortgage. There are different reasons why you, as the homeowner, would want to refinance your current mortgage, including:
- To lower your existing interest rate, and therefore your monthly payment
- Your current mortgage has an adjustable rate, and you wish to refinance so you can obtain a fixed interest rate
- To cash out equity because you need the money for another purpose, such as to pay off other debts
- To pay off a Home Equity Line of Credit (HELOC)
No matter what the reason, refinancing does not have to be a painful process, especially since you already own the property. This means there will not be any real estate agents or sellers involved in the process. Instead, you will obtain your financing through a lender, possibly even your current lender, and that lender and the title agent will work with you to establish a new loan that accomplishes your refinance goals.
Residential Resale
Sellers and purchasers alike need to be involved and kept informed of every step of the closing process. We are able to provide closing agent services in residential resales no matter the funding source. The types of funding sources we handle include:
- Cash
- Federal Housing Administration (FHA) loan
- Department of Veterans Affairs (VA) loan
- Private lender
- Commercial Banks
- Mortgage Broker
Residential New Construction
While the majority of the closing process for a new construction home purchase is very similar to that for a residential resale, there are a few differences, including:
- Please be sure to review the contract with regard to closing costs and/or incentives, as these may differ from the customary and standard charges on a residential resale contract.
- When purchasing a new home in a community with a Homeowners Association, make sure you review the HOA disclosure, which is part of the contract and discloses HOA dues and other fees that may be required.
Contact Our Real Estate Closing Services Team
Contact the real estate closing professionals at Town Square Title for assistance with your refinance, residential resale or new construction closing. We look forward to working with you.