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Selecting
a Closing Agent
The selection of a closing agent is an
important decision. You need someone to carefully protect your
interest when you are making one of the largest purchases of your
life.
The closing of a real estate purchase is a technical and precise
transaction. The title examination and the careful drafting of
papers to carry out the actual intent of the parties are integral
parts of the transaction. The title requirements must be met to
ensure there is a clear and marketable title to the buyer and
lender. The signing and acknowledgement of the documents must be
properly completed, not only to insure the title, but also to
assure that the buyer can convey the property in resale without unnecessary
complications. Delivery and recording of the papers are usually
the last steps.
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