We have compiled a list of the most commonly asked questions and answers presented during our years associated with our title and escrow company.
The following title and escrow FAQs are by no means all of the questions, so if you have something on your mind, just give us a call or drop us an email using the contact-us form on this website and let us put your mind at ease.
Escrow and Real Estate Titling Overview Questions.
Can I close early?
The Title Company is usually ready for closing seven days after the receipt of contract. We can close early if all other parties (lender, buyers, sellers) are ready.
Do I need to bring anything to the closing?
Generally, the only thing the Title Company needs at closing are the parties involved, their proof of ID and payment. Sometimes the lender may request the buyer bring additional information, or the Title Company or realtor may ask for additional information from the seller.
What is a HUD-1 Settlement Statement?
The HUD-1 Settlement Statement is the form used to show how all money involved in the transaction is collected and distributed.
Will my spouse need to be at the closing?
Yes, unless this is your investment property.
What does the Title Company need to fund the transaction?
The Title Company needs three things to fund the transaction: signatures on all closing papers, all payment for the transaction, and authorization from the buyer’s mortgage company (commonly known as a funding number).
Do you offer off-site closing?
At Texas Secure Title Company, we understand that there are times when a traditional office closing may not be possible, and if you find yourself in such a situation, we are here to help. If you have a client that requires an off-site title closing, please give us a call or drop us an email and learn how we can help.