Buyers and Sellers

If you’re buying a home, title insurance is a policy that protects your investment and property rights.

There are two types of title insurance policies: an owner’s policy and a lender’s policy.

1. An owner’s policy protects a property owner from unforeseeable errors and hidden defects for as long as you own the property. Either the buyer or seller can pay for this policy. Seek guidance from your title professional for any unanswered questions.

2. A lender’s policy is required by the lender and protects the lender’s financial interest. The buyer typically pays for this policy, but it can vary depending on the terms of the contract or what is customary by state. Ask your title professional how it is handled in your area.

You should contact your title insurer or the agent who issued your policy. Title insurance includes coverage for legal expenses which may be necessary to investigate or settle such a claim.

There are many documents that need to be signed in a real estate transaction. Depending on your lender and the loan type, there are different closing options available.

Types of Closings:

Traditional – All parties appear in person either at the settlement agent's office or in the presence of a notary. All documents are printed on paper and signed in person. This is also known as a wet sign closing.

Hybrid eClosing – In a typical hybrid eClosing, documents that require notarization and recordation are signed within the physical presence of a notary. The rest of the closing documents, which do not need to be notarized, are digital and signed electronically.

**Remote Online Notary (RON) – Full online signing and notarization. This technology-driven process allows the signer(s) to appear remotely before a specially licensed notary. All closing documents are digital and e-signed as part of an online video session between the notary public and the buyer/seller or borrower.

**Not available with all lenders or loan types. Not approved or available in all states.

You will need a valid government issued photo ID such as a Driver’s License, Passport, Permanent Resident Card (Green Card) or Military ID. Any funds due at closing must be in the form of a certified or cashier’s check or wired funds to our office. If additional documents are required, our staff will contact you and let you know what is needed prior to closing.