A title company ensures that the title to a piece of real estate is legitimate and then issues title insurance for that property. We also facilitate the closing process by coordinating with all parties involved in the transaction.

Title insurance protects homeowners and lenders against financial loss from defects in a title to a property. While lender's title insurance is typically required, owner's title insurance is optional but highly recommended as it protects your investment for as long as you own the property.

At closing, all parties sign the necessary documents to transfer ownership of the property. Funds are collected and disbursed, and the deed is recorded with the local government. The entire process typically takes between one and two hours.

The closing process typically takes 30 to 45 days from the time a contract is signed, though this can vary depending on the complexity of the transaction and how quickly all parties provide the necessary documentation.

You will need to bring a government issued photo ID, a cashier's check or proof of wire transfer for any funds due at closing, and any additional documents requested by your lender or title company.

Closing costs are fees associated with the finalization of a real estate transaction. They typically range from 2% to 5% of the loan amount and include fees for title insurance, appraisal, attorney services, recording fees, and more.

Buyers typically pay for lender fees, title insurance, and prepaid expenses such as homeowners insurance and property taxes. Sellers generally pay the real estate agent commissions and may contribute to the buyer's closing costs depending on the terms of the contract.

Yes! At Mode Title we understand that our clients have busy schedules. We offer after hours settlements and can accommodate remote closings when necessary to meet your needs.

The Closing Disclosure is a five page document that provides final details about your mortgage loan, including loan terms, monthly payments, and closing costs. You should receive it at least three business days before closing so you have time to review it carefully.

If a title issue is discovered during our search, we work to resolve it before closing. If an issue arises after closing, your title insurance policy will cover any financial losses resulting from covered title defects.