Home Buying Process
What is a real estate closing?
For you, the home buyer, it's the day your dream becomes a reality. However, in real estate terms, the closing is the final step in the home buying process whereby ownership of real property is transferred from seller to buyer. Purchasing a home usually represents your single largest investment. Preparations for settlement should start as soon as the contract of sale is accepted. This is the time to select your title company. The closing itself takes about one hour in which numerous documents are explained and signed, funds are received and disbursed, last minute questions on the condition of the property and operation of systems are answered and the keys are delivered. In many instances, buyers need to coordinate settlement with the arrival of their movers and cannot afford delays.
What is the role of the Title Company?
A title company performs a variety of functions necessary when a home is bought. Our services include ensuring that you get clear title to your new property; reviewing and explaining all of the settlement documents to the buyer and seller, and obtaining all required signatures; ordering and reviewing the survey for your new property; paying off and releasing any existing mortgages or liens; recording all necessary documents with the parish land records and insuring that settlement occurs in accordance with the terms and conditions of the contract of sale and instructions from the lender.
Why Founders Title Company?
Founders Title is more than a full service settlement company that conducts closings on resale purchases, new home purchases, residential refinances, builder and commercial loans. At Founders Title, we provide offer prompt service by professional, courteous employees; flexibility in scheduling settlement dates and times; convenient closing locations and competitive rates. And most importantly, we insure that all post-closing details are handled promptly and accurately. Our philosophy has earned us respect within the real estate community and has made us one of the area's leading settlement companies.