US Title's examiners will search the title for any liens or encumbrances that need to be cleared by the seller's title company, prior to closing, in order to provide clear title to the buyers.
The buyers, unless negotiated otherwise, will pay a one-time premium to purchase a lender's and owner's title insurance policy (if paying cash, an owner's title insurance policy is optional but strongly recommended) that protects their interest in the property should a claim arise in the future. US Title provides title insurance from financially strong national insurance companies with substantial statutory reserves including: First American Title Insurance Company and Old Republic National Title Insurance Company.
For closing, buyers will need a current driver's license (or other government issued photo ID) for notary purposes. If there are additional funds due at closing, US Title require those funds in the form of a cashier's check or a wire transfer. If anyone tries to change the wire instructions provided, PLEASE BEWARE of wire fraud and reach out to our team and let us confirm.
Possession to the property shall be provided based upon the terms of the contract and/or when the seller's title company has the funds available to provide to the sellers. Keys can be exchanged when funding is completed. NOTE: This can take several hours after all parties have signed their closing documents, so it is strongly recommended that the buyers consider scheduling a morning appointment at US TItle.
US Title - 94 Crossing I (636) 936-8700 I 94Crossing@US-Title.com
Subsidiaries of Anywhere Real Estate, Coldwell Banker and US Title Guaranty Company share common ownership and because of this relationship the brokerage may receive a financial or other benefit. You are not required to use US Title Guaranty Company as a condition of purchase or sale of any real estate.