Real Estate Closing Services

A real estate closing is a crucial step in the process of purchasing residential or commercial property. It seals the deal and officially transfers the title of the property from the seller to the buyer. All of the costs, requirements and procedures involved can by overwhelming for people who have not purchased property before, and even for those who have. Redstone Title Services can provide peace of mind by professionally taking care of your real estate closing needs.
Our real estate closing services at Redstone Title Services include cash and financed purchases, for sale by owner transactions, commercial transactions and refinances.

Title Insurance

As the buyer of a home or other real estate property, you need assurance that your investment and ownership rights are protected. Owner’s title insurance provides property owners peace of mind that their investment is safe against future claims from third parties alleging an interest in the property. In other words, owner’s title insurance is a contract from a title insurance company agreeing to defend the owner’s title. For a one-time fee at closing, an owner’s title insurance policy protects a property owner from undiscovered defects for as long as that owner maintains an interest.
A lender’s title policy only protects the lender, not the property owner, and usually only up to the loan amount.

Title Searches

A title search determines that a party selling real estate is the legal owner of the property with the right to sell it, and the person buying it is getting all the rights to the property being purchased. At Redstone Title Services, we provide quality service to meet your needs. The information obtained through a title search not only gives the buyer peace of mind that the property is clear, but also helps reduce the risk of future title problems occurring. Title searches typically involve, among other things, a review of government records going back many years including land records and deeds, tax records, liens, bankruptcy records, watch lists, judgments and other legal interests affecting title to property. It is important to note that no matter how thorough a title search is, title defects may still exist, hence the need for title insurance.