Understanding the Closing Process

Franklin County Title Company

 

 

Skilled Professionals Work Behind the Scenes to Make Sure Everything Runs Smoothly

 

By Tom Wurdack

 

When purchasing a home, there are so many details to take care of that the last thing you need to worry about is a problem with your closing.  Hopefully, you’ve hired skilled professionals to handle the details and make sure everything runs smoothly.

 

The behind-the-scenes work begins as soon as your offer is accepted by the seller, which can be anywhere from 30 days to three months before the closing. Here’s how the settlement process typically works.

 

If you are working with a real estate agent, he or she will place an order with a “settlement agent” as soon as your sales contract is accepted.  Depending on what part of the country you live in, the settlement agent can be a title company, an escrow company, or a settlement…

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