Congratulations on the sell of your home!
At Limestone Title & Escrow, we help you through the required title and escrow process that will transition your home out of your name and into the new buyers name.
Seller Process
As your title agent, Limestone will help get legal and financial documents in order to prepare for an effortless real estate transation.
1. Title Search
Limestone Title will perform a search to ensure there are no liens, claims, or other issues with the title. This includes checking for outstanding mortgages, tax liens, or other legal issues.
2. Address Title Issues
If any issues are found during the title search (e.g., unpaid taxes or claims against the property), these need to be resolved before you can proceed with the sale. Prepare and Review Documents: You'll need to review and sign various documents, including the deed, transfer tax declarations, and closing statement. The buyer will also review documents related to the property's title.
3. Settlement Statement
This document outlines the financial details of the transaction, including the sale price, closing costs, and any adjustments. Both the buyer and seller review this statement before closing.
4. Closing
On the closing date, you'll sign the final documents, including the deed transferring ownership to the buyer. The title company will handle the disbursement of funds, paying off any existing mortgages, and recording the new deed with county.
5. Transfer of Ownership
Once the paperwork is signed and funds are transferred, ownership of the property is officially transferred to the buyer. The title company will record the new deed with the appropriate government office.
6. Receive Payment
After all the documents are finalized and recorded, you'll receive the proceeds from the sale, minus any outstanding debts or fees.
Come prepared to closing with
As your title agent, Limestone will help get legal and financial documents in order to prepare for an effortless real estate transation.
Frequently Asked Questions
Yes. Since Day 1, we have been committing to providing flexible and accomodating scheduling for our clients’ and their closing needs. We recognize that home transitions often present unique challenges, and are willing to work with you and your clients so that all parties are satisfied (and yes, that includes after-hours or Saturday closings, if desired).