Without closing services, real estate transactions don’t happen. Behind the scenes, attorneys and title companies work hard to collect all of the necessary documents to transfer ownership of the property, pay off the seller’s mortgage, compensate vendors, and get the funds from the buyer’s loan. Closing services also include calculating the final HUD-1 settlement statement that identifies where all of the funds in the transaction should go. The closer frequently provides a place for all of the parties to meet and sign documents, takes care of wiring funds and even handles the process of getting the documents recorded.
Simpson & Associates is an attorney owned title company skilled at handling complex legal and real estate transactions.